Import Price Index by Origin (NAICS): Electrical Equipment, Appliance, and Component Manufacturing for Pacific Rim
COPRIMZ335 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.60
Year-over-Year Change
-0.66%
Date Range
6/1/2012 - 6/1/2025
Summary
The Import Price Index by Origin (NAICS) for Electrical Equipment, Appliance, and Component Manufacturing measures changes in the prices of imports from the Pacific Rim region. This index is a key indicator of trade dynamics and inflationary 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
This index tracks the prices of imported goods in the electrical equipment, appliance, and component manufacturing industry, specifically focusing on imports from the Pacific Rim countries. It is used by economists and policymakers to understand the competitiveness of domestic manufacturers and the impact of international trade on consumer prices.
Methodology
The data is collected through surveys of importers and calculated using a Laspeyres formula.
Historical Context
This index provides important insights for trade policy and monetary policy decisions.
Key Facts
- Imports from the Pacific Rim account for over 50% of total U.S. imports in this industry.
- The index has shown significant volatility in recent years due to trade tensions and supply chain disruptions.
- Monitoring this index is crucial for understanding the impact of exchange rate movements on domestic producer prices.
FAQs
Q: What does this economic trend measure?
A: This index measures changes in the prices of imported goods in the electrical equipment, appliance, and component manufacturing industry, focusing specifically on imports from the Pacific Rim region.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of trade dynamics and inflationary pressures, providing insights for trade policy and monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of importers and calculated using a Laspeyres formula.
Q: How is this trend used in economic policy?
A: This index is used by economists and policymakers to understand the competitiveness of domestic manufacturers and the impact of international trade on consumer prices.
Q: Are there update delays or limitations?
A: The index is published monthly, with a lag of approximately one month, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Import Price Index by Origin (NAICS): Electrical Equipment, Appliance, and Component Manufacturing for Pacific Rim (COPRIMZ335), retrieved from FRED.