Sectoral Output for Information: Newspaper, Periodical, Book, and Directory Publishers (NAICS 5111) in the United States
Percent Change from Year Ago
IPUJN5111T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.70
Year-over-Year Change
-114.29%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' metric measures the annual percent change in U.S. industrial production, providing insight into the health and direction of the economy.
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 output across manufacturing, mining, and utilities sectors. It is a key signal of economic growth and business cycle trends.
Methodology
The data is calculated based on the Federal Reserve's monthly survey of industrial production and capacity utilization.
Historical Context
Policymakers and analysts monitor this metric to gauge overall economic momentum and guide monetary and fiscal policy decisions.
Key Facts
- The industrial production index covers approximately 75% of the total industrial output of the United States.
- Year-over-year percent changes can signal turning points in the business cycle.
- The data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' metric measures the annual percent change in U.S. industrial production, providing insight into the health and direction of the economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator is a key signal of economic growth and business cycle trends, and is closely monitored by policymakers and analysts to guide decisions.
Q: How is this data collected or calculated?
A: The data is calculated based on the Federal Reserve's monthly survey of industrial production and capacity utilization.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to gauge overall economic momentum and guide monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUJN5111T301000000), retrieved from FRED.