Index of Ratio: Wholesale Prices of Manufactured Goods to Production Worker Wage Cost Per Unit of Output for United States
Index 1947-1949=100, Monthly, Seasonally Adjusted
M0906BUSM349SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.40
Year-over-Year Change
11.07%
Date Range
11/1/1927 - 12/1/1950
Summary
The Producer Price Index (PPI) for Finished Goods measures changes in the selling prices received by domestic producers for their output. It is a key indicator of inflationary pressures in the 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 PPI for Finished Goods tracks the average change over time in the selling prices received by domestic producers for their goods and services. It is a widely watched economic indicator that provides insight into producer-level price changes and cost pressures that may eventually be passed on to consumers.
Methodology
The PPI is calculated by the U.S. Bureau of Labor Statistics based on survey data collected from domestic producers.
Historical Context
The PPI is used by policymakers, economists, and market analysts to gauge producer-level inflation and assess the potential for changes in consumer prices.
Key Facts
- The PPI for Finished Goods uses 1947-1949 as its base period.
- The PPI is published monthly by the U.S. Bureau of Labor Statistics.
- The PPI tracks price changes for goods at three stages of production: crude, intermediate, and finished.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index (PPI) for Finished Goods measures the average change over time in the selling prices received by domestic producers for their goods and services.
Q: Why is this trend relevant for users or analysts?
A: The PPI is a closely watched indicator that provides insight into producer-level price changes and cost pressures, which can signal future changes in consumer prices.
Q: How is this data collected or calculated?
A: The PPI is calculated by the U.S. Bureau of Labor Statistics based on survey data collected from domestic producers.
Q: How is this trend used in economic policy?
A: The PPI is used by policymakers, economists, and market analysts to gauge producer-level inflation and assess the potential for changes in consumer prices.
Q: Are there update delays or limitations?
A: The PPI is published monthly by the U.S. Bureau of Labor Statistics with a typical release lag of about two weeks.
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Citation
U.S. Federal Reserve, Producer Price Index for Finished Goods (M0906BUSM349SNBR), retrieved from FRED.