Producer Prices Index: Type of Goods: Non-Durable Consumer Goods: Total for Portugal

Q: What does this economic trend measure?

A: The Growth Rate Previous Period, Monthly tracks the percent change in U.S. industrial production from the prior month. It provides a timely signal on the direction and momentum of manufacturing activity.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of the overall health of the U.S. economy, as manufacturing and industrial production are major drivers of economic growth. It helps analysts and policymakers assess the strength of the industrial sector.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities across the country.

Q: How is this trend used in economic policy?

A: Policymakers at the Federal Reserve and other institutions closely monitor this metric to gauge the trajectory of the economy and inform decisions on monetary policy and other interventions.

Q: Are there update delays or limitations?

A: The Growth Rate Previous Period, Monthly data is published with a short lag, typically within a month of the reference period. There are no major known limitations to the coverage or accuracy of this series.