Producer Prices Index: Type of Goods: Durable Consumer Goods: Total for Czech Republic
Index 2015=100, Monthly
PITGCD01CZM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.80
Year-over-Year Change
3.21%
Date Range
1/1/2000 - 11/1/2022
Summary
The Industrial Production Index (IPI) measures the output of U.S. industrial sectors, providing a broad gauge of economic activity. This monthly indicator is a key metric for economists and policymakers to assess the health of the manufacturing, mining, and utilities industries.
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 Industrial Production Index tracks the real output of the U.S. industrial sector, including manufacturing, mining, and electric and gas utilities. It is a widely followed economic indicator that provides insight into the performance and trends of these critical industries.
Methodology
The Federal Reserve compiles the IPI based on data from monthly surveys of industrial facilities.
Historical Context
The IPI is used by the Federal Reserve, government agencies, and private analysts to monitor industrial activity and inform economic policymaking.
Key Facts
- The IPI has a base year of 2015, with a value of 100.
- Manufacturing accounts for about 75% of the total IPI.
- The IPI is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production Index (IPI) measures the real output of the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The IPI is a key indicator of overall economic activity, providing insight into the performance of critical industrial sectors.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles the IPI based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The IPI is used by the Federal Reserve, government agencies, and private analysts to monitor industrial activity and inform economic policymaking.
Q: Are there update delays or limitations?
A: The IPI is released monthly by the Federal Reserve with a typical release delay of around six weeks.
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Citation
U.S. Federal Reserve, Industrial Production Index (PITGCD01CZM661N), retrieved from FRED.