Producer Price Index by Industry: Ready-Mix Concrete Manufacturing: Ready-Mix Concrete for Midwest Census Region
PCU327320327320B • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.88
Year-over-Year Change
1.50%
Date Range
12/1/2012 - 6/1/2025
Summary
The Producer Price Index (PPI) for Ready-Mix Concrete Manufacturing in the Midwest Census Region measures price changes for ready-mix concrete, a key input for construction and infrastructure projects.
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 PPI series tracks the average change in selling prices received by domestic producers of ready-mix concrete within the Midwest region. It serves as an important indicator of price trends and inflationary pressures in the construction materials industry.
Methodology
The U.S. Bureau of Labor Statistics collects monthly price data from a sample of ready-mix concrete producers to calculate this index.
Historical Context
Policymakers and economists monitor this PPI to assess cost pressures and their potential impact on the construction sector and broader economy.
Key Facts
- The Midwest region accounts for over 20% of U.S. ready-mix concrete production.
- Concrete is the second-most consumed material in the world after water.
- The PPI for ready-mix concrete has risen over 50% since 2010.
FAQs
Q: What does this economic trend measure?
A: This PPI series measures the average change in selling prices received by domestic producers of ready-mix concrete in the Midwest Census Region.
Q: Why is this trend relevant for users or analysts?
A: This index serves as an important indicator of price trends and inflationary pressures in the construction materials industry, which has significant implications for the broader economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects monthly price data from a sample of ready-mix concrete producers to calculate this index.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this PPI to assess cost pressures and their potential impact on the construction sector and broader economy.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a typical 2-week lag from the reference period.
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Citation
U.S. Federal Reserve, Producer Price Index by Industry: Ready-Mix Concrete Manufacturing: Ready-Mix Concrete for Midwest Census Region (PCU327320327320B), retrieved from FRED.