Monday, April 5, 2010

Industrial Production Index

1. The people that would be most interested in thes statistic would likely be those who work in the industrial fields. Some examples would be mining, manufacturing, and utilities.

2. This statistic is released every month by the Federal Reserve Board. The data is often collected directly from the Bureau of Labor Statistics and trade associations, both on physical outputs and inputs used in the production process.

3. The most recent number for the statistic is 101.0 Right now the number is compared to the year 2002, which is considered the "base year" and has a numerical value of 100. So we can compare the most recent IPI number to this base year number of 100.

No comments:

Post a Comment