Producer Prices Index: Economic Activities: Industrial Activities: Total for Luxembourg
Index 2015=100, Monthly
PIEATI01LUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.10
Year-over-Year Change
22.69%
Date Range
1/1/1980 - 12/1/2022
Summary
The Index 2015=100, Monthly tracks a key measure of industrial production in the U.S. economy, providing insights into manufacturing activity and overall economic performance.
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 industrial production index captures monthly changes in the total output of U.S. manufacturing, mining, and electric and gas utilities. It is a leading indicator used by economists and policymakers to assess the health and direction of the broader economy.
Methodology
The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Historical Context
The industrial production index helps inform monetary and fiscal policy decisions that can impact employment, consumer prices, and economic growth.
Key Facts
- The index uses 2015 as the base year, with a value of 100.
- The index covers diverse sectors including mining, utilities, and a wide range of manufacturing industries.
- Trends in the industrial production index are closely watched by the Federal Reserve and other policymakers.
FAQs
Q: What does this economic trend measure?
A: The Index 2015=100, Monthly measures the total volume of output from U.S. manufacturing, mining, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: This index is a key leading indicator of economic activity, providing insights into the health and direction of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The industrial production index helps inform monetary and fiscal policy decisions that can impact employment, consumer prices, and economic growth.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve, with a typical delay of around six weeks.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PIEATI01LUM661N), retrieved from FRED.