Value-Added Output Price Deflator for Private Nonfarm in the District of Columbia
IPUZNT050110000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
124.21
Year-over-Year Change
37.20%
Date Range
1/1/2007 - 1/1/2024
Summary
The Value-Added Output Price Deflator for Private Nonfarm in the District of Columbia measures the change in prices received by private nonfarm businesses in DC. It is a key indicator of inflation and business conditions in the region.
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 represents the prices of goods and services produced by private nonfarm businesses in the District of Columbia. It is used to track price changes over time and adjust economic data for inflation.
Methodology
The data is collected through surveys of private companies in DC and calculated using a chain-weighted formula.
Historical Context
Policymakers and analysts use this index to evaluate economic performance and guide decisions on interest rates, taxes, and other policies.
Key Facts
- The index has a base year of 2012 = 100.
- It covers over 80% of private nonfarm economic activity in DC.
- The index has shown modest price growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices received by private nonfarm businesses in the District of Columbia. It tracks inflation for goods and services produced in the region.
Q: Why is this trend relevant for users or analysts?
A: The Value-Added Output Price Deflator is an important indicator of economic conditions in DC. It helps policymakers and economists understand price changes and their impact on the regional economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private companies in DC and calculated using a chain-weighted formula.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to evaluate economic performance and guide decisions on interest rates, taxes, and other policies affecting the District of Columbia.
Q: Are there update delays or limitations?
A: The index is updated quarterly, with a typical 1-2 month release lag. It covers a large majority of private nonfarm activity in DC but may not fully represent all sectors or geographic areas.
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Citation
U.S. Federal Reserve, Value-Added Output Price Deflator for Private Nonfarm in the District of Columbia (IPUZNT050110000), retrieved from FRED.