Average Weekly Earnings of Production Employees: Manufacturing in Arizona
Monthly
SMU04000003000000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,059.24
Year-over-Year Change
-3.39%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly trend measures the monthly percentage change in the Producer Price Index (PPI) for manufacturing industries in the U.S. This metric is a key indicator of inflation and business cost pressures.
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 Producer Price Index (PPI) tracks the average change in selling prices received by domestic producers for their output. The Monthly trend focuses specifically on the manufacturing sector, providing insights into cost dynamics for a critical segment of the U.S. economy.
Methodology
The data is collected through surveys of a representative sample of manufacturers.
Historical Context
The Monthly PPI trend is closely monitored by policymakers, economists, and businesses to gauge inflationary pressures and inform economic decision-making.
Key Facts
- The PPI covers around 75% of the output of U.S. goods-producing industries.
- Manufacturing accounts for about 12% of U.S. GDP.
- The PPI is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the monthly percentage change in the Producer Price Index (PPI) for the manufacturing sector in the U.S.
Q: Why is this trend relevant for users or analysts?
A: The Monthly PPI trend provides valuable insights into cost pressures and inflationary dynamics for a critical segment of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of a representative sample of manufacturers.
Q: How is this trend used in economic policy?
A: The Monthly PPI trend is closely monitored by policymakers, economists, and businesses to gauge inflationary pressures and inform economic decision-making.
Q: Are there update delays or limitations?
A: The PPI data is released monthly by the Bureau of Labor Statistics, with a typical delay of several weeks.
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Citation
U.S. Federal Reserve, Producer Price Index: Total Manufacturing (SMU04000003000000030), retrieved from FRED.