Value-Added Output Price Deflator for Private Nonfarm in Montana
IPUZNT050300000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.13
Year-over-Year Change
37.23%
Date Range
1/1/2007 - 1/1/2024
Summary
The Value-Added Output Price Deflator for Private Nonfarm in Montana measures the change in prices received by producers for their output, excluding the costs of intermediate inputs. This metric is a key indicator of inflationary pressures and helps policymakers assess the health of the state's economy.
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 Value-Added Output Price Deflator for Private Nonfarm in Montana is a price index that tracks the average change in prices received by producers for their final goods and services, net of the costs of materials, supplies, and other intermediate inputs. It provides insight into underlying inflationary trends and producer profitability within the state's private nonfarm sector.
Methodology
The data is collected through surveys of businesses and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is used by economists, policymakers, and investors to analyze the state's economic conditions and make informed decisions.
Key Facts
- The index is calculated with a base year of 2012.
- Prices are measured at the producer level, before reaching consumers.
- The deflator helps adjust for inflation when analyzing real economic output.
FAQs
Q: What does this economic trend measure?
A: The Value-Added Output Price Deflator for Private Nonfarm in Montana measures the change in prices received by producers for their final goods and services, excluding the costs of intermediate inputs.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying inflationary pressures and producer profitability within Montana's private nonfarm sector, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and investors use this metric to analyze the state's economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, and there may be minor delays in its release.
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Citation
U.S. Federal Reserve, Value-Added Output Price Deflator for Private Nonfarm in Montana (IPUZNT050300000), retrieved from FRED.