Producer Price Index by Commodity: Nonmetallic Mineral Products: Ready-Mix Concrete for Midwest Census Region
WPU13330101B • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
181.87
Year-over-Year Change
1.50%
Date Range
12/1/2012 - 6/1/2025
Summary
The Producer Price Index (PPI) for Ready-Mix Concrete in the Midwest Census Region measures changes in the wholesale prices received by domestic producers. This metric provides insight into construction sector activity and inflationary pressures.
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 Ready-Mix Concrete tracks the average change in selling prices received by Midwest producers for this construction material. It is a key indicator of construction and infrastructure investment in the region, as well as a component of broader producer price inflation measures.
Methodology
The U.S. Bureau of Labor Statistics collects monthly price data from a sample of producers to calculate this PPI series.
Historical Context
The Ready-Mix Concrete PPI is used by policymakers, economists, and industry participants to assess economic conditions and outlook.
Key Facts
- The Midwest Census Region includes 12 states in the central U.S.
- Ready-mix concrete is a major input for residential, commercial, and infrastructure projects.
- The PPI is calculated based on a national sample of producer price data.
FAQs
Q: What does this economic trend measure?
A: The Producer Price Index (PPI) for Ready-Mix Concrete in the Midwest Census Region measures changes in the wholesale prices received by domestic producers for this construction material.
Q: Why is this trend relevant for users or analysts?
A: This PPI provides insight into construction sector activity and inflationary pressures in the Midwest, a key indicator for policymakers, economists, and industry participants.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects monthly price data from a sample of producers to calculate this PPI series.
Q: How is this trend used in economic policy?
A: The Ready-Mix Concrete PPI is used by policymakers, economists, and industry participants to assess economic conditions and outlook in the construction and infrastructure sectors.
Q: Are there update delays or limitations?
A: The PPI data is published monthly with a typical delay of 1-2 weeks from the reference period.
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Citation
U.S. Federal Reserve, Producer Price Index by Commodity: Nonmetallic Mineral Products: Ready-Mix Concrete for Midwest Census Region (WPU13330101B), retrieved from FRED.