Sectoral Output Price Deflator for Transportation and Warehousing: Couriers and Messengers (NAICS 492) in the United States
IPUIN492T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
-6.25%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Transportation and Warehousing: Couriers and Messengers (NAICS 492) measures changes in the prices received by courier and messenger service providers in the United States. This key economic indicator helps analyze inflation and productivity trends in the transportation sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index tracks the output prices of courier and messenger services, a major component of the transportation and warehousing industry. Economists and policymakers use this data to understand cost pressures and productivity in the delivery service market.
Methodology
The Bureau of Labor Statistics collects price data through surveys of courier and messenger service providers.
Historical Context
The Sectoral Output Price Deflator helps inform monetary and fiscal policies targeting the transportation industry.
Key Facts
- The index has a base year of 2012.
- Prices are measured at the producer level, not consumer level.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Transportation and Warehousing: Couriers and Messengers (NAICS 492) measures changes in the prices received by courier and messenger service providers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This key indicator helps economists and policymakers analyze inflation and productivity trends in the transportation and delivery services industry.
Q: How is this data collected or calculated?
A: The Bureau of Labor Statistics collects price data through surveys of courier and messenger service providers.
Q: How is this trend used in economic policy?
A: The Sectoral Output Price Deflator helps inform monetary and fiscal policies targeting the transportation industry.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics with no significant delays.
Related Trends
Output per Worker for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
IPUIN48411W001000000
Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 4911) in the United States
IPUIN4911T050000000
Labor Productivity for Transportation and Warehousing: Postal Service (NAICS 491110) in the United States
IPUIN491110L000000000
Employment for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 488210) in the United States
IPUIN488210W201000000
Labor Compensation for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491U110000000
Sectoral Output Price Deflator for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 484220) in the United States
IPUIN484220T051000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Transportation and Warehousing: Couriers and Messengers (NAICS 492) in the United States (IPUIN492T051000000), retrieved from FRED.