Import Price Index by Origin (NAICS): Manufacturing, Part 2 for Canada
COCANZ32 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.40
Year-over-Year Change
-3.32%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Manufacturing, Part 2 for Canada measures changes in the prices of goods imported from Canada and used as inputs by U.S. manufacturing industries. This index is a key indicator of international trade and price dynamics.
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 series tracks the prices of manufactured goods imported from Canada, providing insight into the cost pressures and competitiveness of Canadian exports. It is a valuable tool for economists and policymakers analyzing trade flows, inflation, and industrial production.
Methodology
The data is collected through surveys of U.S. importers and calculated using a Laspeyres formula.
Historical Context
This index is used to monitor the impact of trade policies, exchange rates, and global supply chain dynamics on the U.S. manufacturing sector.
Key Facts
- The index base year is 2012 = 100.
- Prices are measured at the border before duties or taxes.
- The index covers a range of manufactured goods from Canada.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of manufactured goods imported from Canada and used as inputs by U.S. manufacturing industries.
Q: Why is this trend relevant for users or analysts?
A: This index provides insight into the cost pressures and competitiveness of Canadian exports, which is important for analyzing trade flows, inflation, and industrial production.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. importers and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: This index is used to monitor the impact of trade policies, exchange rates, and global supply chain dynamics on the U.S. manufacturing sector.
Q: Are there update delays or limitations?
A: The index is published monthly, with a lag of approximately one month.
Related Trends
Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance (COICOP 05): Total for Canada
CANCP050000IXNBQ
Bank Deposits to GDP for Canada
DDOI02CAA156NWDB
Infra-Annual Labor Statistics: Unemployment Rate Male: From 55 to 64 Years for Canada
LRUN55MACAM156S
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Canada
PRINTO01CAA661N
Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Canada
CANHOUREAQISMEI
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Canada
CANCP120000IXNBM
Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Manufacturing, Part 2 for Canada (COCANZ32), retrieved from FRED.