Employment by Economic Activity: Industry Including Construction: All Persons for the European Union
Annual, Not Seasonally Adjusted
LFEAICTTEUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55,573,475.00
Year-over-Year Change
-7.94%
Date Range
1/1/2005 - 1/1/2019
Summary
This economic trend measures the annual change in import and export prices for transportation equipment, a key indicator of international trade and industrial activity.
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 Annual, Not Seasonally Adjusted transportation equipment import and export price index tracks changes in the prices of goods traded globally in this vital industrial sector. Economists use this data to analyze trade balances, inflation, and broader trends in the manufacturing economy.
Methodology
This index is calculated by the U.S. Bureau of Labor Statistics based on surveys of businesses engaged in international trade.
Historical Context
Policymakers and market analysts monitor this indicator to assess the competitiveness of U.S. transportation equipment exports and the impact of exchange rates, tariffs, and other factors on international trade.
Key Facts
- Tracks annual changes in transportation equipment import and export prices
- Provides insights into international trade dynamics and industrial competitiveness
- Used by economists and policymakers to analyze economic conditions
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual change in import and export prices for transportation equipment, a key sector of the manufacturing economy.
Q: Why is this trend relevant for users or analysts?
A: This data is closely watched by economists, policymakers, and market participants to assess trade balances, inflation, and broader trends in the industrial economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics calculates this index based on surveys of businesses engaged in international trade of transportation equipment.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to evaluate the competitiveness of U.S. transportation equipment exports and the impact of factors like exchange rates and tariffs on international trade.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical lag of several weeks following the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LFEAICTTEUA647S), retrieved from FRED.