Consumer Price Index: Recreation and Culture (COICOP 09): Total for India

Quarterly

INDCP090000IXNBQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

137.90

Year-over-Year Change

13.94%

Date Range

1/1/2013 - 1/1/2019

Summary

The Quarterly Industrial Production Index measures changes in the total inflation-adjusted output of U.S. manufacturing, mining, and electric and gas utilities. It is a key indicator of economic activity and capacity utilization.

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 Quarterly Industrial Production Index tracks the real volume of goods produced by the U.S. industrial sector, including factories, mines, and utilities. It is a widely-watched metric for assessing the health and momentum of the economy.

Methodology

The index is calculated by the Federal Reserve based on survey data from industrial facilities.

Historical Context

The index is used by policymakers, analysts, and investors to gauge overall economic conditions and production trends.

Key Facts

  • The index uses 2017 as its base year of 100.
  • Manufacturing accounts for over 75% of the total index.
  • The index reached an all-time high of 104.7 in December 2021.

FAQs

Q: What does this economic trend measure?

A: The Quarterly Industrial Production Index measures the real, inflation-adjusted output of the U.S. industrial sector, including manufacturing, mining, and utilities.

Q: Why is this trend relevant for users or analysts?

A: The index is a key indicator of economic activity and capacity utilization, making it important for policymakers, analysts, and investors to gauge overall economic conditions and production trends.

Q: How is this data collected or calculated?

A: The index is calculated by the Federal Reserve based on survey data from industrial facilities.

Q: How is this trend used in economic policy?

A: The Quarterly Industrial Production Index is used by policymakers, analysts, and investors to assess the health and momentum of the U.S. economy, informing decisions around monetary and fiscal policy.

Q: Are there update delays or limitations?

A: The index is released quarterly, with a delay of approximately 6 weeks after the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Quarterly Industrial Production Index (INDCP090000IXNBQ), retrieved from FRED.