Value-Added Output Price Deflator for Private Nonfarm in the District of Columbia
Percent Change from Year Ago
IPUZNT051110000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.80
Year-over-Year Change
90.00%
Date Range
1/1/2008 - 1/1/2024
Summary
The 'Percent Change from Year Ago' economic trend measures the annual change in U.S. industrial production, providing insight into manufacturing activity and economic 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 key industrial production indicator tracks the year-over-year percent change in the volume of goods produced by U.S. factories, mines, and utilities. It is a widely watched barometer of the overall health and direction of the economy.
Methodology
The Federal Reserve compiles this data through surveys of U.S. industrial facilities.
Historical Context
Policymakers and analysts use this indicator to gauge the strength of the manufacturing sector and broader economic conditions.
Key Facts
- U.S. industrial production grew 3.8% year-over-year in 2022.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- This indicator is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' indicator tracks the annual change in the volume of goods produced by U.S. factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This key manufacturing metric provides insight into the health and direction of the U.S. economy, helping policymakers and analysts assess economic growth.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this data through surveys of U.S. industrial facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge the strength of the manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: This indicator is released monthly by the Federal Reserve with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUZNT051110000), retrieved from FRED.