Quarterly
This dataset tracks quarterly over time.
Latest Value
9512.99
Year-over-Year Change
-0.34%
Date Range
1/1/1990 - 4/1/2025
Summary
The Producer Price Index for Copper and Brass Mill Shapes (PCOPPUSDQ) measures the wholesale price of key industrial metals. This trend is a leading indicator of industrial activity and capital investment.
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 PCOPPUSDQ is a subcomponent of the Producer Price Index (PPI), which tracks the average change in prices received by domestic producers for their output. The copper and brass mill shapes index specifically monitors price changes for this critical industrial raw material.
Methodology
The data is collected through monthly surveys of producers and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
Copper and brass prices are closely watched by policymakers, manufacturers, and investors as a barometer of broader economic conditions.
Key Facts
- Copper is a key input for construction, electronics, and transportation.
- The PPI for copper and brass has increased over 50% since 2020.
- Copper prices are often used as a proxy for global economic growth.
FAQs
Q: What does this economic trend measure?
A: The PCOPPUSDQ measures the wholesale price index for copper and brass mill shapes, a key industrial metal.
Q: Why is this trend relevant for users or analysts?
A: Copper and brass prices are important leading indicators of industrial activity, capital investment, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of producers and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Copper and brass prices are closely monitored by policymakers, manufacturers, and investors as a barometer of industrial and economic health.
Q: Are there update delays or limitations?
A: The PCOPPUSDQ data is published monthly with a short lag, making it a timely indicator of current economic trends.
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Citation
U.S. Federal Reserve, Producer Price Index for Copper and Brass Mill Shapes (PCOPPUSDQ), retrieved from FRED.