Nonfinancial Corporations Sector: Value-Added Output Price Deflator for Employees
Index 2017=100
PRS88003143 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.93
Year-over-Year Change
8.13%
Date Range
1/1/1947 - 1/1/2025
Summary
The Index 2017=100 measures the Producer Price Index (PPI) for total manufacturing in the United States. It is a key indicator of producer inflation and provides insights into broader economic trends.
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 2017=100 tracks changes in the average selling prices received by domestic producers for their total output. It is a widely followed metric used by economists, policymakers, and businesses to assess cost pressures and their impact on the broader economy.
Methodology
The data is collected through surveys of domestic producers and calculated as a weighted index.
Historical Context
The PPI Index serves as an important leading indicator for consumer price inflation and informs Federal Reserve monetary policy decisions.
Key Facts
- The base year for the index is 2017.
- The index has risen by over 15% since 2020.
- Producer prices are a leading indicator of consumer inflation.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the average selling prices received by domestic producers for their total manufacturing output.
Q: Why is this trend relevant for users or analysts?
A: The PPI index is a key indicator of producer inflation and provides insights into broader economic cost pressures and their potential impact on consumer prices.
Q: How is this data collected or calculated?
A: The data is collected through surveys of domestic producers and calculated as a weighted index.
Q: How is this trend used in economic policy?
A: The PPI Index serves as an important leading indicator for consumer price inflation and informs Federal Reserve monetary policy decisions.
Q: Are there update delays or limitations?
A: The PPI Index data is published monthly by the U.S. Bureau of Labor Statistics with a lag of approximately two weeks.
Similar PRS Trends
Nonfinancial Corporations Sector: Average Weekly Hours for Employees
PRS88003023
Nonfinancial Corporations Sector: Unit Labor Costs for Employees
PRS88003113
Nonfinancial Corporations Sector: Hourly Compensation for Employees
PRS88003101
Nonfinancial Corporations Sector: Profits for Employees
PRS88003181
Nonfinancial Corporations Sector: Value-Added Output Price Deflator for Employees
PRS88003142
Nonfinancial Corporations Sector: Value-Added Output for Employees
PRS88003053
Citation
U.S. Federal Reserve, Index 2017=100 (PRS88003143), retrieved from FRED.