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Indicators/Topics/Markets/Commodity/United States

United States

Commodity prices

Aggregate commodity price indices (Brent, WTI, metals, etc.).

IndicatorsMarketsCommodity prices - United States
FRED
FrequencyannualTransformlevel

Source: FRED · IPUIN486110L010000000

Stored official data

Commodity prices - United States in United States was 114.5 on January 1, 2024, higher by 8.82 (+8.4%) from the prior observation. Charted from annual observations in index 2017=100.

Latest114.46
YoY+8.35%
10Y Avg104.63
Latest observationJanuary 1, 2024
Model surprise+1.52

Timeframe

Value transform

Version overlay

Chart appearance

Overlays & outputNBER bandsAuto Y
Axis & export

Commodity prices - United States time series chart. Showing observations from 1987 to 2024. Latest value 114.5.

Min61.23
Mean84.20
Max114.46
Latest observationJanuary 1, 2024

Source evidence

Tier 1 - criticalU.S. macro backbone via St. Louis Fed; revision/vintage capable.Action: deepen nowExpected coverage: 800,000 series.
Source noteProvider health
SourceFederal Reserve Bank of St. Louis (FRED)
FRED
Native keyProvider-native identifier used to reconcile this country/provider series.
IPUIN486110L010000000
FreshnessDisplayed as stored official data.The provider-backed series is outside its expected freshness window, so this view should be refreshed before production use.Fetched: May 24, 2026.Latest observation flag: Preliminary.
Stored · 2024-01-01
HistoryPoint-in-time data via the FRED ALFRED endpoint. Each request returns the values as they were published on the supplied vintage date.Vintage history is derived from FRED ALFRED's realtime_start/realtime_end query parameters.
Source-native vintage
ReuseCommercial use: dataset specific.Redistribution: review required.Do not treat FRED as an automatically reusable commercial-display source. Prefer direct BEA, BLS, Census, FRB, Treasury, and EIA feeds where possible.Source: FRED, Federal Reserve Bank of St. Louis (IPUIN486110L010000000). Accessed 2026-05-24. Underlying-source rights may differ.
Dataset exceptions

Research notes

80 · Acceptable
ComparabilityAggregator is not the statistical authority: Use the source agency, source code, and methodology link when citing or reconciling with official releases.Inflation baskets and base periods differ: Compare growth rates or normalized indexes, and prefer the same concept family when comparing countries or providers.Seasonal-adjustment status needs attention: Prefer same-adjustment comparisons, or transform to year-over-year changes before cross-series comparison.
3 notes
QualitySource authority: 82/100. Aggregator source: useful access layer, but official methodology remains with the originating agency.Methodology completeness: 100/100. 100% of core provider, geography, unit, frequency, citation, and revision fields are populated.Timeliness and freshness: 90/100. 38 observations available; latest observation 2024-01-01; platform fetch 2026-05-24T12:24:51.209Z; release status none; data status liveRevision and vintage depth: 100/100. Point-in-time data via the FRED ALFRED endpoint. Each request returns the values as they were published on the supplied vintage date.
3/6 strong
CitationCommodity prices - United States (FRED (St. Louis Fed): IPUIN486110L010000000, United States, retrieved May 24, 2026)
Retrieved May 24, 2026

Continue browsing

Browse all Markets indicatorsAdjacent concepts across providers and countries.View United States macro coverageEvery curated indicator for this country.View FRED catalogFilter the discovery catalog by this provider.
Series details, provenance, and revision toolsMetadata, release notes, revision history, and related series.

Series details

SourceFederal Reserve Bank of St. Louis (FRED)
CategoryMarkets
FrequencyAnnual
UnitIndex 2017=100
Latest observationJanuary 1, 2024
Platform last fetchMay 24, 2026
Transformslevel, yoy, index 100
About this series

Hours Worked for Transportation and Warehousing: Pipeline Transportation of Crude Oil (NAICS 486110) in the United States

Related measures

Adjacent and similar concepts available for United States.

Equity volatility10-year breakeven inflation
Open country pivot

The reading right now

As of January 2024, Commodity prices for United States stood at 114.5. That is up 8.82 from the prior year. Over the trailing five years, the series has averaged 105.9, ranging from a low of 98.2 in January 2021 to a high of 114.5 in January 2024. The current reading sits 12.1 above its trailing ten-year mean of 102.3.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.