Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim
COPRIMZ3152 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.00
Year-over-Year Change
-4.49%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim tracks changes in the prices of imported apparel products from the Pacific Rim region. This index is a key indicator of inflationary pressures and international trade dynamics in the apparel manufacturing industry.
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 Import Price Index measures the change in prices of apparel products imported into the United States from the Pacific Rim region. It is used by economists and policymakers to monitor the competitiveness of U.S. manufacturers, the impact of trade policies, and overall inflationary trends in the apparel industry.
Methodology
The data is collected through surveys of importing companies and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This index provides important insights into the state of international trade and the apparel manufacturing sector, which is a significant part of the U.S. economy.
Key Facts
- The Pacific Rim is a major source of apparel imports to the U.S.
- Apparel manufacturing is a significant part of the U.S. economy.
- Import prices can impact domestic inflation and trade dynamics.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim measures changes in the prices of apparel products imported into the United States from the Pacific Rim region.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the state of international trade and the apparel manufacturing sector, which is a significant part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importing companies and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to monitor the competitiveness of U.S. manufacturers, the impact of trade policies, and overall inflationary trends in the apparel industry.
Q: Are there update delays or limitations?
A: The Import Price Index data is released on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Cut and Sew Apparel Manufacturing for Pacific Rim (COPRIMZ3152), retrieved from FRED.