Consumer Price Index: Transport (COICOP 07): Total for Israel
Quarterly
ISRCP070000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.53
Year-over-Year Change
21.18%
Date Range
1/1/1985 - 7/1/2023
Summary
The Quarterly Industrial Production Index measures the volume of U.S. industrial production on a quarterly basis, providing key insights into the health and trends 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
The Quarterly Industrial Production Index tracks the output of U.S. factories, mines, and utilities, offering a comprehensive view of industrial activity. This metric is widely used by economists and policymakers to assess the broader state of the economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The Quarterly Industrial Production Index is a vital economic indicator monitored by the Federal Reserve, government agencies, and financial markets.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- The index covers a broad range of industrial activity, including mining, utilities, and manufacturing.
- Quarterly data is released approximately 15 days after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Industrial Production Index measures the volume of output from U.S. factories, mines, and utilities on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and performance of the U.S. industrial sector, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates the Quarterly Industrial Production Index based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The Quarterly Industrial Production Index is closely monitored by the Federal Reserve and other government agencies to assess the state of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index data is released approximately 15 days after the end of each quarter, and the index covers a broad range of industrial activity.
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Citation
U.S. Federal Reserve, Quarterly Industrial Production Index (ISRCP070000IXNBQ), retrieved from FRED.