Import Price Index by Origin (NAICS): Paper Manufacturing for Pacific Rim
COPRIMZ322 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.10
Year-over-Year Change
-4.16%
Date Range
6/1/2012 - 12/1/2021
Summary
The Import Price Index by Origin (NAICS) for Paper Manufacturing tracks changes in the prices of imported paper products from the Pacific Rim region. This metric is important for understanding inflation pressures and competitiveness in the domestic paper 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 for Paper Manufacturing (NAICS) measures the change in prices for paper products imported from the Pacific Rim region. This index is used by economists and policymakers to assess the international competitiveness of the U.S. paper industry and identify potential inflationary pressures from imported materials.
Methodology
The data is collected through surveys of importers and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This index is relevant for understanding trade dynamics and competitive forces in the paper manufacturing sector.
Key Facts
- The index is published monthly by the U.S. Bureau of Labor Statistics.
- The base year for the index is 2000 = 100.
- Prices are measured in U.S. dollars.
FAQs
Q: What does this economic trend measure?
A: The Import Price Index by Origin (NAICS) for Paper Manufacturing measures changes in the prices of paper products imported from the Pacific Rim region.
Q: Why is this trend relevant for users or analysts?
A: This index is important for understanding international competitiveness and inflationary pressures in the U.S. paper manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importers and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this index to assess trade dynamics and competitive forces in the paper manufacturing sector.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Bureau of Labor Statistics with no significant update delays.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Paper Manufacturing for Pacific Rim (COPRIMZ322), retrieved from FRED.