Producer Prices Index: Type of goods: Intermediate goods: Total for Sweden
Index 2015=100, Monthly
PITGIG01SEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.41
Year-over-Year Change
10.29%
Date Range
1/1/1990 - 2/1/2023
Summary
The Industrial Production: Total Index 2015=100, Monthly measures the monthly changes in the total industrial production in the United States. This index is a key indicator of the country's economic health and manufacturing 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
The Industrial Production: Total Index 2015=100, Monthly tracks the total volume of industrial production, including manufacturing, mining, and utilities. It is a widely-watched economic indicator used by policymakers, analysts, and businesses to assess the overall strength of the U.S. industrial sector.
Methodology
The index is calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The index is used to inform economic and monetary policy decisions, as well as provide insights into the performance of various industries and the broader economy.
Key Facts
- The index has a base year of 2015 = 100.
- It covers the mining, utilities, and manufacturing sectors.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production: Total Index 2015=100, Monthly measures the overall volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health of the U.S. industrial sector and the broader economy, providing valuable insights for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Industrial Production Index is closely monitored by the Federal Reserve and other policymakers to inform monetary and economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with a typical delay of around 15 days from the end of the reference month.
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Citation
U.S. Federal Reserve, Industrial Production: Total Index 2015=100, Monthly (PITGIG01SEM661N), retrieved from FRED.