Sectoral Output Price Deflator for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.42
Year-over-Year Change
44.31%
Date Range
1/1/1987 - 1/1/2022
Summary
The Sectoral Output Price Deflator for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States measures the change in prices charged by producers in this industry sector. This metric is a key indicator of inflationary pressures and business costs in the drycleaning and laundry services market.
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 sectoral price deflator tracks the average change in prices received by producers of drycleaning and laundry services (excluding coin-operated establishments) in the United States. The index is used by economists and policymakers to assess industry-specific price movements and cost trends within the broader services sector.
Methodology
The data is collected through surveys of businesses in the NAICS 812320 industry group.
Historical Context
Trends in this price deflator can inform monetary policy decisions and market analyses related to the services sector.
Key Facts
- The deflator tracks price changes for drycleaning and laundry services.
- It is a key indicator of inflationary pressures in the services sector.
- The data is collected through business surveys in the NAICS 812320 industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the change in prices charged by producers of drycleaning and laundry services (excluding coin-operated establishments) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This price deflator is a key indicator of inflationary pressures and cost trends within the broader services sector, which is relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the NAICS 812320 industry group.
Q: How is this trend used in economic policy?
A: Trends in this price deflator can inform monetary policy decisions and market analyses related to the services sector.
Q: Are there update delays or limitations?
A: There may be update delays or limitations inherent in the survey data collection process.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States (IPUUN812320T050000000), retrieved from FRED.