Sectoral Output Price Deflator for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
Percent Change from Year Ago
IPUGN42T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.60
Year-over-Year Change
-154.55%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' measures the annual percent change in industrial production. It is a key indicator of economic activity and growth.
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 year-over-year percent change in total industrial production, providing insight into the momentum and health of the broader U.S. economy. It is a widely followed metric used by policymakers, analysts, and investors.
Methodology
The Federal Reserve collects and calculates this data based on a monthly survey of industrial facilities.
Historical Context
The percent change in industrial production is an important input for monetary and fiscal policy decisions.
Key Facts
- Industrial production accounts for about 20% of U.S. GDP.
- The percent change series has a 1967 base year.
- Monthly data is released around the 15th of each month.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual percent change in total industrial production in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the momentum and health of the broader U.S. economy, making it a widely followed indicator for policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates this data based on a monthly survey of industrial facilities.
Q: How is this trend used in economic policy?
A: The percent change in industrial production is an important input for monetary and fiscal policy decisions made by the Federal Reserve and government.
Q: Are there update delays or limitations?
A: The data is released around the 15th of each month, with a relatively short lag between the reference period and publication.
Related Trends
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T300000000
Employment for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423W200000000
Employment for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248W010000000
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421L020000000
Real Sectoral Output for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232T010000000
Labor Productivity for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236L001000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN42T051000000), retrieved from FRED.