Real Sectoral Output for Information: Book Publishers (NAICS 511130) in the United States
Percent Change from Year Ago
IPUJN511130T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.80
Year-over-Year Change
-2033.33%
Date Range
1/1/1988 - 1/1/2022
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in industrial production, providing insights into the pace of economic activity.
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 indicator tracks the percentage change in total industrial production, which includes manufacturing, mining, and utilities output. It is a key barometer of the overall health of the U.S. economy and is closely monitored by policymakers and analysts.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Changes in industrial production can signal shifts in consumer and business demand, informing economic forecasts and policy decisions.
Key Facts
- Industrial production accounts for around 20% of U.S. GDP.
- The series dates back to 1919, providing long-term historical context.
- Percent change from a year ago is a widely used year-over-year metric.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year percentage change in total industrial production, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the pace of economic activity and can signal shifts in consumer and business demand, informing economic forecasts and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Changes in industrial production are closely monitored by policymakers, as they can inform decisions related to monetary and fiscal policy, as well as provide signals about the overall health of the economy.
Q: Are there update delays or limitations?
A: The industrial production data is published monthly by the Federal Reserve, with a typical release lag of around 15 days.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN511130T011000000), retrieved from FRED.