Sectoral Output for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 49312) in the United States
Percent Change from Year Ago
IPUIN49312T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
-77.71%
Date Range
1/1/1993 - 1/1/2022
Summary
The 'Percent Change from Year Ago' measures the annual rate of change in industrial production, providing insight into the overall health of the manufacturing 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 economic indicator tracks the year-over-year percent change in the Federal Reserve's Industrial Production Index, which measures the real output of the U.S. manufacturing, mining, and electric and gas utility sectors.
Methodology
The data is compiled by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The 'Percent Change from Year Ago' is closely monitored by policymakers, analysts, and investors to gauge economic momentum and inform policy decisions.
Key Facts
- The index covers approximately 75% of total industrial production.
- Annual production growth averaged 2.5% from 1972 to 2022.
- Industrial output contracted during the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual rate of change in U.S. industrial production, providing insight into the overall health of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by policymakers, economists, and investors as it offers a timely snapshot of manufacturing activity and economic momentum.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The 'Percent Change from Year Ago' is used by the Federal Reserve and other policymakers to assess the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around six weeks.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUIN49312T301000000), retrieved from FRED.