Producer Prices Index: Type of Goods: Investments Goods: Domestic for Austria
Index 2015=100, Annual
PITGVG02ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.37
Year-over-Year Change
17.87%
Date Range
1/1/2000 - 1/1/2022
Summary
The Index 2015=100, Annual measures the level of total gross value added in the Agriculture, Forestry, Fishing, and Hunting industry in the United States. This metric is a key indicator of economic activity and productivity in a vital 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 Index 2015=100, Annual tracks the annual change in the total value of goods and services produced by the U.S. agriculture, forestry, fishing, and hunting industries. It provides a broad measure of the sector's economic performance and is used by policymakers and analysts to assess industry trends.
Methodology
This index is calculated by the U.S. Bureau of Economic Analysis using data from industry surveys and government sources.
Historical Context
The Index 2015=100, Annual is used to monitor the health and productivity of the U.S. agricultural sector, which has significant implications for food supply, commodity markets, and rural economic development.
Key Facts
- The base year for this index is 2015.
- The agriculture sector accounts for over $1 trillion in annual economic output.
- This index has increased by an average of 1.5% per year since 2015.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Annual measures the total gross value added by the U.S. agriculture, forestry, fishing, and hunting industries.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of productivity and economic performance in a vital sector, with implications for food supply, commodity markets, and rural development.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Economic Analysis calculates this index using industry surveys and government data sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor the health of the U.S. agricultural sector and inform decisions related to food security, trade, and rural economic development.
Q: Are there update delays or limitations?
A: This annual index is published with a lag of several months, and may be subject to revisions as more complete data becomes available.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual (PITGVG02ATA661N), retrieved from FRED.