Producer Prices Index: Economic Activities: Manufacturing: Total for Austria
Growth rate previous period, Monthly
AUTPIEAMP01GPM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.27
Year-over-Year Change
-251.87%
Date Range
1/1/2000 - 12/1/2022
Summary
The growth rate previous period, monthly measures the month-over-month change in industrial production. This key economic indicator provides insights into the health and direction of the manufacturing 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
This data series tracks the monthly percentage change in industrial production, which encompasses manufacturing, mining, and utilities. It is an important barometer of economic activity and a key input for policymakers and analysts when assessing the business cycle.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The growth rate previous period, monthly is closely watched by the Federal Reserve and other institutions to help guide monetary and fiscal policy decisions.
Key Facts
- Industrial production accounts for approximately 20% of U.S. GDP.
- The growth rate previous period reached a low of -13.7% in April 2020 during the COVID-19 pandemic.
- Positive growth in this indicator signals expanding economic activity.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in industrial production, which includes manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the health and direction of the manufacturing sector, a key driver of the broader economy. It is closely watched by policymakers and analysts to assess economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The growth rate previous period, monthly is a key input for the Federal Reserve and other institutions when making monetary and fiscal policy decisions to support economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical lag of around 2 weeks. There may be revisions to prior months' data as more complete information becomes available.
Related Trends
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LCEAMN01ATQ661N
Infra-Annual Labor Statistics: Monthly Unemployment Rate Total: 25 Years or over for Austria
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Infra-Annual Labor Statistics: Labor Force Total: From 15 to 24 Years for Austria
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International Trade: Imports: Value (Goods): Total for Austria
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Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: All Items Non-Food Non-Energy for Austria
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Labor Compensation: Earnings: Manufacturing and Mining: Monthly for Austria
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (AUTPIEAMP01GPM), retrieved from FRED.