Producer Prices Index: Type of Goods: Investments Goods: Total for Norway
Index 2015=100, Monthly
PITGVG01NOM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.19
Year-over-Year Change
8.72%
Date Range
1/1/1995 - 1/1/2023
Summary
The Industrial Production: Total Index, 2015=100, Monthly trend measures the total volume of industrial production in the United States. This metric is a key indicator of economic health and a focus for policymakers and analysts.
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 Industrial Production: Total Index tracks changes in the total volume of industrial production, including manufacturing, mining, and utilities. It is a broad measure of economic activity that helps assess the health and direction of the U.S. economy.
Methodology
The Federal Reserve collects and calculates this index based on data from manufacturing, mining, and utility companies.
Historical Context
The Industrial Production Index is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Mining, utilities, and manufacturing are included in the index.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production: Total Index measures the total volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index is a key indicator of overall economic health and activity, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates this index based on data from manufacturing, mining, and utility companies.
Q: How is this trend used in economic policy?
A: The Industrial Production Index is closely monitored by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The Industrial Production Index is published monthly by the Federal Reserve with no significant update delays.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Norway
NORCPHP1100GYM
Infra-Annual Labor Statistics: Labor Force Female: From 25 to 54 Years for Norway
LFAC25FENOQ647S
Harmonized Index of Consumer Prices: Recreational and Cultural Services for Norway
CP0940NOM086NEST
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for Norway
NORSACRMISMEI
Harmonized Index of Consumer Prices: Liquid Fuels and Fuels and Lubricants for Norway
FUELS0NOM086NEST
Leading Indicators OECD: Component series: Consumer prices: Original series for Norway
NORLOCOPCORIXOBM
Citation
U.S. Federal Reserve, Industrial Production: Total Index, 2015=100, Monthly (PITGVG01NOM661N), retrieved from FRED.