Summary: The USITC recently released updated trade and tariff data. We use this data to provide up-to-date estimates of customs revenue and effective tariff rates through July 2025.
Key Points
New tariffs have raised $80.3 billion in revenue between January 2025 and July 2025 before accounting for income and payroll tax offsets.
The average effective tariff rate increased to 9.75 percent in July, up from 2.2 percent in January.
Among major trading partners, China faces the highest tariffs, with effective rates reaching 40 percent in July.
Steel and aluminum products are the most heavily tariffed product category at 41.2 percent, followed by automotive vehicles at 22.3 percent.
For forward-looking analysis, including long-term revenue and effective tariff rate projections, see our tariff simulator.
For real-time data on daily tariff revenue collections, see our Real-Time Federal Budget Tracker.
How Did Changes in Import Behavior Affect Customs Revenue?
We estimate that tariff rate changes have raised $80.3 billion dollars in customs revenue between January 2025 and July 2025.1 If importers had not accelerated purchases or changed their purchasing patterns, tariff revenue would have further increased by $18 billion dollars over this period.
Notes: The mechanical revenue effect (in red) is the increase in tariff revenue that would have been collected if importers had not accelerated purchases or changed their purchasing patterns. The behavioral revenue effect (in blue) is the decrease in tariff revenue that was not collected due to changes in import behavior. The overall increase in tariff revenue (in black) is the sum of the mechanical and behavioral revenue effects.
Source: Penn Wharton Budget Model calculations based on data from U.S. International Trade Commission (USITC) DataWeb.
How Have Effective Tariff Rates Changed Over Time?
The Trump administration’s tariff policies have resulted in substantial increases in effective tariff rates. In January, the effective tariff rate was 2.2 percent. By July, the effective tariff rate climbed to 9.75 percent, an increase of over 342 percent. The effective tariff rate varies significantly across trading partners and product categories as shown in Figure 2.
by Major Trading Partner
by Selected Product Category
Note: The effective tariff rate is computed as the value of customs duties as a percentage of the value of imports.
Source: Penn Wharton Budget Model calculations based on data from U.S. International Trade Commission (USITC) DataWeb.
Among major trading partners, China faces the highest effective rate of 40 percent in July 2025. By major product category, Steel and aluminum products face the highest effective tariff rates at 41.2 percent, reflecting both existing Section 232 tariffs and recent rate increases on June 4 from 25 percent to 50 percent.
For more detailed analysis of import behavior and tariff avoidance effects, see our comprehensive report on Import Surges and Tariff Avoidance.
Source: Penn Wharton Budget Model calculations based on data from U.S. International Trade Commission (USITC) DataWeb
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This estimate does not account for indirect effects on other revenue sources such as the income and payroll taxes. ↩
date period total_effect effect_type effect_value 10/1/2024 Oct 2024 0.305407849 Mechanical Revenue Effect from Tariff Rate Increase 0.106279443 10/1/2024 Oct 2024 0.305407849 Behavioral Revenue Effect from Shifts in Purchasing Patterns 0.199128405 11/1/2024 Nov 2024 0.588336599 Mechanical Revenue Effect from Tariff Rate Increase 0.088900667 11/1/2024 Nov 2024 0.588336599 Behavioral Revenue Effect from Shifts in Purchasing Patterns 0.499435932 12/1/2024 Dec 2024 0.777653715 Mechanical Revenue Effect from Tariff Rate Increase 0.141213017 12/1/2024 Dec 2024 0.777653715 Behavioral Revenue Effect from Shifts in Purchasing Patterns 0.636440698 1/1/2025 Jan 2025 0.835134299 Mechanical Revenue Effect from Tariff Rate Increase 0.083563161 1/1/2025 Jan 2025 0.835134299 Behavioral Revenue Effect from Shifts in Purchasing Patterns 0.751571138 2/1/2025 Feb 2025 1.078388445 Mechanical Revenue Effect from Tariff Rate Increase 0.724967273 2/1/2025 Feb 2025 1.078388445 Behavioral Revenue Effect from Shifts in Purchasing Patterns 0.353421172 3/1/2025 Mar 2025 7.275873808 Mechanical Revenue Effect from Tariff Rate Increase 7.425688357 3/1/2025 Mar 2025 7.275873808 Behavioral Revenue Effect from Shifts in Purchasing Patterns -0.149814549 4/1/2025 Apr 2025 13.6523254 Mechanical Revenue Effect from Tariff Rate Increase 15.71497668 4/1/2025 Apr 2025 13.6523254 Behavioral Revenue Effect from Shifts in Purchasing Patterns -2.062651278 5/1/2025 May 2025 18.16403535 Mechanical Revenue Effect from Tariff Rate Increase 24.84567056 5/1/2025 May 2025 18.16403535 Behavioral Revenue Effect from Shifts in Purchasing Patterns -6.68163521 6/1/2025 Jun 2025 17.51674394 Mechanical Revenue Effect from Tariff Rate Increase 24.07544059 6/1/2025 Jun 2025 17.51674394 Behavioral Revenue Effect from Shifts in Purchasing Patterns -6.55869665 7/1/2025 Jul 2025 21.78414895 Mechanical Revenue Effect from Tariff Rate Increase 25.45585425 7/1/2025 Jul 2025 21.78414895 Behavioral Revenue Effect from Shifts in Purchasing Patterns -3.671705298
date country effective_rate period 1/1/2022 China 11.20645186 Jan 2022 2/1/2022 China 11.29334939 Feb 2022 3/1/2022 China 10.92468112 Mar 2022 4/1/2022 China 11.67994633 Apr 2022 5/1/2022 China 11.5533025 May 2022 6/1/2022 China 10.34347964 Jun 2022 7/1/2022 China 11.31283621 Jul 2022 8/1/2022 China 10.94286936 Aug 2022 9/1/2022 China 9.631120335 Sep 2022 10/1/2022 China 10.21441964 Oct 2022 11/1/2022 China 10.50128162 Nov 2022 12/1/2022 China 10.68569212 Dec 2022 1/1/2023 China 10.91483043 Jan 2023 2/1/2023 China 11.542037 Feb 2023 3/1/2023 China 10.17980245 Mar 2023 4/1/2023 China 11.14401156 Apr 2023 5/1/2023 China 11.15938621 May 2023 6/1/2023 China 10.82780358 Jun 2023 7/1/2023 China 10.76018942 Jul 2023 8/1/2023 China 10.42564013 Aug 2023 9/1/2023 China 9.500873108 Sep 2023 10/1/2023 China 9.444508152 Oct 2023 11/1/2023 China 9.495106847 Nov 2023 12/1/2023 China 10.54524577 Dec 2023 1/1/2024 China 11.29443933 Jan 2024 2/1/2024 China 11.40542797 Feb 2024 3/1/2024 China 11.19516004 Mar 2024 4/1/2024 China 11.1459137 Apr 2024 5/1/2024 China 10.76950102 May 2024 6/1/2024 China 11.30619361 Jun 2024 7/1/2024 China 11.20515231 Jul 2024 8/1/2024 China 11.04084447 Aug 2024 9/1/2024 China 9.789289577 Sep 2024 10/1/2024 China 9.468646952 Oct 2024 11/1/2024 China 10.28659769 Nov 2024 12/1/2024 China 10.64812474 Dec 2024 1/1/2025 China 10.45240405 Jan 2025 2/1/2025 China 12.86511461 Feb 2025 3/1/2025 China 26.12257557 Mar 2025 4/1/2025 China 38.29200563 Apr 2025 5/1/2025 China 47.76557991 May 2025 6/1/2025 China 39.82560267 Jun 2025 7/1/2025 China 40.0371035 Jul 2025 1/1/2022 Mexico 0.204404875 Jan 2022 2/1/2022 Mexico 0.208032338 Feb 2022 3/1/2022 Mexico 0.194403605 Mar 2022 4/1/2022 Mexico 0.182008771 Apr 2022 5/1/2022 Mexico 0.212671825 May 2022 6/1/2022 Mexico 0.197307391 Jun 2022 7/1/2022 Mexico 0.218795619 Jul 2022 8/1/2022 Mexico 0.23652299 Aug 2022 9/1/2022 Mexico 0.225346085 Sep 2022 10/1/2022 Mexico 0.218916179 Oct 2022 11/1/2022 Mexico 0.228695319 Nov 2022 12/1/2022 Mexico 0.230098624 Dec 2022 1/1/2023 Mexico 0.249906083 Jan 2023 2/1/2023 Mexico 0.24702258 Feb 2023 3/1/2023 Mexico 0.239013063 Mar 2023 4/1/2023 Mexico 0.240215717 Apr 2023 5/1/2023 Mexico 0.249113615 May 2023 6/1/2023 Mexico 0.255374608 Jun 2023 7/1/2023 Mexico 0.285405745 Jul 2023 8/1/2023 Mexico 0.273073606 Aug 2023 9/1/2023 Mexico 0.26241294 Sep 2023 10/1/2023 Mexico 0.24365452 Oct 2023 11/1/2023 Mexico 0.26331231 Nov 2023 12/1/2023 Mexico 0.268596801 Dec 2023 1/1/2024 Mexico 0.273253874 Jan 2024 2/1/2024 Mexico 0.255138597 Feb 2024 3/1/2024 Mexico 0.264857801 Mar 2024 4/1/2024 Mexico 0.253410682 Apr 2024 5/1/2024 Mexico 0.24833626 May 2024 6/1/2024 Mexico 0.236229446 Jun 2024 7/1/2024 Mexico 0.258296794 Jul 2024 8/1/2024 Mexico 0.257586092 Aug 2024 9/1/2024 Mexico 0.22489779 Sep 2024 10/1/2024 Mexico 0.242552269 Oct 2024 11/1/2024 Mexico 0.238788312 Nov 2024 12/1/2024 Mexico 0.258285797 Dec 2024 1/1/2025 Mexico 0.277699767 Jan 2025 2/1/2025 Mexico 0.270335761 Feb 2025 3/1/2025 Mexico 3.808535982 Mar 2025 4/1/2025 Mexico 4.111328056 Apr 2025 5/1/2025 Mexico 4.334099802 May 2025 6/1/2025 Mexico 3.98995035 Jun 2025 7/1/2025 Mexico 4.73902818 Jul 2025 1/1/2022 Canada 0.083849 Jan 2022 2/1/2022 Canada 0.080874887 Feb 2022 3/1/2022 Canada 0.080548727 Mar 2022 4/1/2022 Canada 0.071124804 Apr 2022 5/1/2022 Canada 0.081760208 May 2022 6/1/2022 Canada 0.077453571 Jun 2022 7/1/2022 Canada 0.091789155 Jul 2022 8/1/2022 Canada 0.102428255 Aug 2022 9/1/2022 Canada 0.092108088 Sep 2022 10/1/2022 Canada 0.090002388 Oct 2022 11/1/2022 Canada 0.076664091 Nov 2022 12/1/2022 Canada 0.093882159 Dec 2022 1/1/2023 Canada 0.087977324 Jan 2023 2/1/2023 Canada 0.088234438 Feb 2023 3/1/2023 Canada 0.089381396 Mar 2023 4/1/2023 Canada 0.081029052 Apr 2023 5/1/2023 Canada 0.091887263 May 2023 6/1/2023 Canada 0.079382438 Jun 2023 7/1/2023 Canada 0.097793405 Jul 2023 8/1/2023 Canada 0.093657616 Aug 2023 9/1/2023 Canada 0.091557132 Sep 2023 10/1/2023 Canada 0.082511661 Oct 2023 11/1/2023 Canada 0.086247127 Nov 2023 12/1/2023 Canada 0.082037582 Dec 2023 1/1/2024 Canada 0.104320406 Jan 2024 2/1/2024 Canada 0.0983999 Feb 2024 3/1/2024 Canada 0.109095441 Mar 2024 4/1/2024 Canada 0.10178897 Apr 2024 5/1/2024 Canada 0.110730266 May 2024 6/1/2024 Canada 0.104417794 Jun 2024 7/1/2024 Canada 0.103329159 Jul 2024 8/1/2024 Canada 0.092914387 Aug 2024 9/1/2024 Canada 0.091718154 Sep 2024 10/1/2024 Canada 0.103377434 Oct 2024 11/1/2024 Canada 0.095200189 Nov 2024 12/1/2024 Canada 0.098079211 Dec 2024 1/1/2025 Canada 0.112414897 Jan 2025 2/1/2025 Canada 0.10823384 Feb 2025 3/1/2025 Canada 1.848480755 Mar 2025 4/1/2025 Canada 2.284879549 Apr 2025 5/1/2025 Canada 1.877819088 May 2025 6/1/2025 Canada 2.384469305 Jun 2025 7/1/2025 Canada 2.998587963 Jul 2025 1/1/2022 Ireland 0.098722808 Jan 2022 2/1/2022 Ireland 0.121576092 Feb 2022 3/1/2022 Ireland 0.141235147 Mar 2022 4/1/2022 Ireland 0.133156649 Apr 2022 5/1/2022 Ireland 0.161091825 May 2022 6/1/2022 Ireland 0.138082866 Jun 2022 7/1/2022 Ireland 0.306226931 Jul 2022 8/1/2022 Ireland 0.206982792 Aug 2022 9/1/2022 Ireland 0.219670442 Sep 2022 10/1/2022 Ireland 0.245336565 Oct 2022 11/1/2022 Ireland 0.235484587 Nov 2022 12/1/2022 Ireland 0.17497001 Dec 2022 1/1/2023 Ireland 0.146227092 Jan 2023 2/1/2023 Ireland 0.223300559 Feb 2023 3/1/2023 Ireland 0.204422163 Mar 2023 4/1/2023 Ireland 0.21665348 Apr 2023 5/1/2023 Ireland 0.163261381 May 2023 6/1/2023 Ireland 0.104458599 Jun 2023 7/1/2023 Ireland 0.152435765 Jul 2023 8/1/2023 Ireland 0.153092365 Aug 2023 9/1/2023 Ireland 0.159905909 Sep 2023 10/1/2023 Ireland 0.214833005 Oct 2023 11/1/2023 Ireland 0.205043616 Nov 2023 12/1/2023 Ireland 0.200815641 Dec 2023 1/1/2024 Ireland 0.185254181 Jan 2024 2/1/2024 Ireland 0.223027433 Feb 2024 3/1/2024 Ireland 0.172391518 Mar 2024 4/1/2024 Ireland 0.142016648 Apr 2024 5/1/2024 Ireland 0.21144672 May 2024 6/1/2024 Ireland 0.208871744 Jun 2024 7/1/2024 Ireland 0.223854774 Jul 2024 8/1/2024 Ireland 0.17183123 Aug 2024 9/1/2024 Ireland 0.148555522 Sep 2024 10/1/2024 Ireland 0.156781981 Oct 2024 11/1/2024 Ireland 0.182877207 Nov 2024 12/1/2024 Ireland 0.255665262 Dec 2024 1/1/2025 Ireland 0.110867404 Jan 2025 2/1/2025 Ireland 0.078069624 Feb 2025 3/1/2025 Ireland 0.050196095 Mar 2025 4/1/2025 Ireland 0.661772079 Apr 2025 5/1/2025 Ireland 0.623201061 May 2025 6/1/2025 Ireland 1.671227005 Jun 2025 7/1/2025 Ireland 2.099868165 Jul 2025 1/1/2022 Switzerland 0.626031851 Jan 2022 2/1/2022 Switzerland 0.496622432 Feb 2022 3/1/2022 Switzerland 0.281882723 Mar 2022 4/1/2022 Switzerland 0.536588635 Apr 2022 5/1/2022 Switzerland 0.60750714 May 2022 6/1/2022 Switzerland 0.665003618 Jun 2022 7/1/2022 Switzerland 0.813566011 Jul 2022 8/1/2022 Switzerland 0.644378989 Aug 2022 9/1/2022 Switzerland 0.64230835 Sep 2022 10/1/2022 Switzerland 0.68106835 Oct 2022 11/1/2022 Switzerland 0.710532657 Nov 2022 12/1/2022 Switzerland 0.834723329 Dec 2022 1/1/2023 Switzerland 0.596482821 Jan 2023 2/1/2023 Switzerland 0.916900153 Feb 2023 3/1/2023 Switzerland 0.791708614 Mar 2023 4/1/2023 Switzerland 0.523252589 Apr 2023 5/1/2023 Switzerland 0.579478442 May 2023 6/1/2023 Switzerland 0.773038665 Jun 2023 7/1/2023 Switzerland 0.863535693 Jul 2023 8/1/2023 Switzerland 0.773038188 Aug 2023 9/1/2023 Switzerland 0.821010148 Sep 2023 10/1/2023 Switzerland 0.727609571 Oct 2023 11/1/2023 Switzerland 0.894312756 Nov 2023 12/1/2023 Switzerland 0.818922148 Dec 2023 1/1/2024 Switzerland 0.827180209 Jan 2024 2/1/2024 Switzerland 0.956379869 Feb 2024 3/1/2024 Switzerland 0.789253177 Mar 2024 4/1/2024 Switzerland 0.711656348 Apr 2024 5/1/2024 Switzerland 0.68388514 May 2024 6/1/2024 Switzerland 0.642838272 Jun 2024 7/1/2024 Switzerland 0.595866612 Jul 2024 8/1/2024 Switzerland 0.681472433 Aug 2024 9/1/2024 Switzerland 0.650438415 Sep 2024 10/1/2024 Switzerland 0.548610029 Oct 2024 11/1/2024 Switzerland 0.649562978 Nov 2024 12/1/2024 Switzerland 0.264470674 Dec 2024 1/1/2025 Switzerland 0.121185873 Jan 2025 2/1/2025 Switzerland 0.130984565 Feb 2025 3/1/2025 Switzerland 0.194464224 Mar 2025 4/1/2025 Switzerland 2.806037948 Apr 2025 5/1/2025 Switzerland 4.744966924 May 2025 6/1/2025 Switzerland 4.602784917 Jun 2025 7/1/2025 Switzerland 2.106487177 Jul 2025 1/1/2022 Vietnam 4.519218516 Jan 2022 2/1/2022 Vietnam 5.241698104 Feb 2022 3/1/2022 Vietnam 4.991800357 Mar 2022 4/1/2022 Vietnam 4.885449487 Apr 2022 5/1/2022 Vietnam 4.826330105 May 2022 6/1/2022 Vietnam 4.451839875 Jun 2022 7/1/2022 Vietnam 5.314851588 Jul 2022 8/1/2022 Vietnam 5.178799191 Aug 2022 9/1/2022 Vietnam 4.90153111 Sep 2022 10/1/2022 Vietnam 4.715645846 Oct 2022 11/1/2022 Vietnam 4.23093349 Nov 2022 12/1/2022 Vietnam 4.881606079 Dec 2022 1/1/2023 Vietnam 4.853994354 Jan 2023 2/1/2023 Vietnam 4.590518314 Feb 2023 3/1/2023 Vietnam 3.887952661 Mar 2023 4/1/2023 Vietnam 4.053402603 Apr 2023 5/1/2023 Vietnam 4.208783093 May 2023 6/1/2023 Vietnam 4.211259435 Jun 2023 7/1/2023 Vietnam 4.312667384 Jul 2023 8/1/2023 Vietnam 4.596741512 Aug 2023 9/1/2023 Vietnam 4.033045741 Sep 2023 10/1/2023 Vietnam 3.559141709 Oct 2023 11/1/2023 Vietnam 3.477930927 Nov 2023 12/1/2023 Vietnam 3.675482331 Dec 2023 1/1/2024 Vietnam 4.291616136 Jan 2024 2/1/2024 Vietnam 4.121437673 Feb 2024 3/1/2024 Vietnam 3.692087407 Mar 2024 4/1/2024 Vietnam 3.579298944 Apr 2024 5/1/2024 Vietnam 3.448392776 May 2024 6/1/2024 Vietnam 3.645898479 Jun 2024 7/1/2024 Vietnam 4.091489955 Jul 2024 8/1/2024 Vietnam 3.923479685 Aug 2024 9/1/2024 Vietnam 4.009837726 Sep 2024 10/1/2024 Vietnam 3.647650937 Oct 2024 11/1/2024 Vietnam 3.263542081 Nov 2024 12/1/2024 Vietnam 3.700383975 Dec 2024 1/1/2025 Vietnam 3.525899721 Jan 2025 2/1/2025 Vietnam 3.185073367 Feb 2025 3/1/2025 Vietnam 3.41644258 Mar 2025 4/1/2025 Vietnam 4.830875832 Apr 2025 5/1/2025 Vietnam 7.036769923 May 2025 6/1/2025 Vietnam 9.279648196 Jun 2025 7/1/2025 Vietnam 9.236778669 Jul 2025 1/1/2022 Overall Average 3.11005629 Jan 2022 2/1/2022 Overall Average 3.034685502 Feb 2022 3/1/2022 Overall Average 2.75829378 Mar 2022 4/1/2022 Overall Average 2.798824331 Apr 2022 5/1/2022 Overall Average 2.773503447 May 2022 6/1/2022 Overall Average 2.7444531 Jun 2022 7/1/2022 Overall Average 2.934023957 Jul 2022 8/1/2022 Overall Average 2.983728133 Aug 2022 9/1/2022 Overall Average 2.751801133 Sep 2022 10/1/2022 Overall Average 2.607530265 Oct 2022 11/1/2022 Overall Average 2.474356358 Nov 2022 12/1/2022 Overall Average 2.496794584 Dec 2022 1/1/2023 Overall Average 2.568527168 Jan 2023 2/1/2023 Overall Average 2.460893968 Feb 2023 3/1/2023 Overall Average 2.146026217 Mar 2023 4/1/2023 Overall Average 2.381737524 Apr 2023 5/1/2023 Overall Average 2.379293155 May 2023 6/1/2023 Overall Average 2.343794893 Jun 2023 7/1/2023 Overall Average 2.466564634 Jul 2023 8/1/2023 Overall Average 2.390124495 Aug 2023 9/1/2023 Overall Average 2.352761476 Sep 2023 10/1/2023 Overall Average 2.262488669 Oct 2023 11/1/2023 Overall Average 2.166401393 Nov 2023 12/1/2023 Overall Average 2.333029788 Dec 2023 1/1/2024 Overall Average 2.479677625 Jan 2024 2/1/2024 Overall Average 2.431912309 Feb 2024 3/1/2024 Overall Average 2.211210041 Mar 2024 4/1/2024 Overall Average 2.168997236 Apr 2024 5/1/2024 Overall Average 2.235761626 May 2024 6/1/2024 Overall Average 2.333059427 Jun 2024 7/1/2024 Overall Average 2.476731311 Jul 2024 8/1/2024 Overall Average 2.496021617 Aug 2024 9/1/2024 Overall Average 2.38935852 Sep 2024 10/1/2024 Overall Average 2.306271433 Oct 2024 11/1/2024 Overall Average 2.312298711 Nov 2024 12/1/2024 Overall Average 2.315451545 Dec 2024 1/1/2025 Overall Average 2.206968107 Jan 2025 2/1/2025 Overall Average 2.311366257 Feb 2025 3/1/2025 Overall Average 3.816194906 Mar 2025 4/1/2025 Overall Average 7.0708972 Apr 2025 5/1/2025 Overall Average 8.845420653 May 2025 6/1/2025 Overall Average 9.144188618 Jun 2025 7/1/2025 Overall Average 9.746554748 Jul 2025
date product_set effective_rate period 1/1/2022 Pharmaceuticals 0.926806592 Jan 2022 1/1/2022 Steel and Aluminum 6.460068857 Jan 2022 1/1/2022 Auto Parts 2.805520281 Jan 2022 1/1/2022 Semiconductors 1.053765594 Jan 2022 1/1/2022 Auto Vehicles 1.343100521 Jan 2022 1/1/2022 Overall Average 3.11005629 Jan 2022 2/1/2022 Steel and Aluminum 6.177617137 Feb 2022 2/1/2022 Auto Parts 2.81620002 Feb 2022 2/1/2022 Pharmaceuticals 0.948815347 Feb 2022 2/1/2022 Semiconductors 0.849550291 Feb 2022 2/1/2022 Auto Vehicles 1.503763075 Feb 2022 2/1/2022 Overall Average 3.034685502 Feb 2022 3/1/2022 Pharmaceuticals 0.849666135 Mar 2022 3/1/2022 Steel and Aluminum 5.908972533 Mar 2022 3/1/2022 Auto Parts 2.53168484 Mar 2022 3/1/2022 Semiconductors 0.855670152 Mar 2022 3/1/2022 Auto Vehicles 1.456541243 Mar 2022 3/1/2022 Overall Average 2.75829378 Mar 2022 4/1/2022 Semiconductors 0.858304024 Apr 2022 4/1/2022 Steel and Aluminum 5.671533339 Apr 2022 4/1/2022 Pharmaceuticals 1.016836409 Apr 2022 4/1/2022 Auto Parts 2.698100674 Apr 2022 4/1/2022 Auto Vehicles 1.162893097 Apr 2022 4/1/2022 Overall Average 2.798824331 Apr 2022 5/1/2022 Pharmaceuticals 0.8332682 May 2022 5/1/2022 Steel and Aluminum 5.359689404 May 2022 5/1/2022 Auto Parts 2.806467543 May 2022 5/1/2022 Semiconductors 0.822788629 May 2022 5/1/2022 Auto Vehicles 1.21389568 May 2022 5/1/2022 Overall Average 2.773503447 May 2022 6/1/2022 Steel and Aluminum 5.512883256 Jun 2022 6/1/2022 Pharmaceuticals 0.80670379 Jun 2022 6/1/2022 Semiconductors 0.88169329 Jun 2022 6/1/2022 Auto Parts 2.568384844 Jun 2022 6/1/2022 Auto Vehicles 1.285590741 Jun 2022 6/1/2022 Overall Average 2.7444531 Jun 2022 7/1/2022 Auto Parts 2.667013813 Jul 2022 7/1/2022 Steel and Aluminum 5.391639302 Jul 2022 7/1/2022 Pharmaceuticals 1.221860097 Jul 2022 7/1/2022 Semiconductors 0.962878939 Jul 2022 7/1/2022 Auto Vehicles 1.387487156 Jul 2022 7/1/2022 Overall Average 2.934023957 Jul 2022 8/1/2022 Steel and Aluminum 5.611905229 Aug 2022 8/1/2022 Pharmaceuticals 0.947760207 Aug 2022 8/1/2022 Auto Parts 2.828227657 Aug 2022 8/1/2022 Semiconductors 0.989186872 Aug 2022 8/1/2022 Auto Vehicles 1.418830907 Aug 2022 8/1/2022 Overall Average 2.983728133 Aug 2022 9/1/2022 Steel and Aluminum 5.527162368 Sep 2022 9/1/2022 Auto Parts 2.652108623 Sep 2022 9/1/2022 Pharmaceuticals 0.803011997 Sep 2022 9/1/2022 Semiconductors 0.819046486 Sep 2022 9/1/2022 Auto Vehicles 1.366251216 Sep 2022 9/1/2022 Overall Average 2.751801133 Sep 2022 10/1/2022 Semiconductors 0.861290621 Oct 2022 10/1/2022 Auto Parts 2.562976552 Oct 2022 10/1/2022 Pharmaceuticals 0.809386437 Oct 2022 10/1/2022 Steel and Aluminum 5.056169331 Oct 2022 10/1/2022 Auto Vehicles 1.486864962 Oct 2022 10/1/2022 Overall Average 2.607530265 Oct 2022 11/1/2022 Pharmaceuticals 0.742740093 Nov 2022 11/1/2022 Steel and Aluminum 5.181006121 Nov 2022 11/1/2022 Semiconductors 0.944405382 Nov 2022 11/1/2022 Auto Parts 2.573552619 Nov 2022 11/1/2022 Auto Vehicles 1.39579104 Nov 2022 11/1/2022 Overall Average 2.474356358 Nov 2022 12/1/2022 Pharmaceuticals 0.737632657 Dec 2022 12/1/2022 Steel and Aluminum 5.164389218 Dec 2022 12/1/2022 Auto Parts 2.620484882 Dec 2022 12/1/2022 Semiconductors 0.827103148 Dec 2022 12/1/2022 Auto Vehicles 1.680580168 Dec 2022 12/1/2022 Overall Average 2.496794584 Dec 2022 1/1/2023 Steel and Aluminum 4.716393587 Jan 2023 1/1/2023 Pharmaceuticals 0.665040808 Jan 2023 1/1/2023 Auto Parts 2.942748084 Jan 2023 1/1/2023 Semiconductors 0.869617826 Jan 2023 1/1/2023 Auto Vehicles 1.311001426 Jan 2023 1/1/2023 Overall Average 2.568527168 Jan 2023 2/1/2023 Semiconductors 0.972995786 Feb 2023 2/1/2023 Auto Parts 2.667661838 Feb 2023 2/1/2023 Steel and Aluminum 4.714621391 Feb 2023 2/1/2023 Pharmaceuticals 0.670946612 Feb 2023 2/1/2023 Auto Vehicles 1.392029841 Feb 2023 2/1/2023 Overall Average 2.460893968 Feb 2023 3/1/2023 Auto Parts 2.424001345 Mar 2023 3/1/2023 Pharmaceuticals 0.586226056 Mar 2023 3/1/2023 Steel and Aluminum 4.266303098 Mar 2023 3/1/2023 Semiconductors 0.828451575 Mar 2023 3/1/2023 Auto Vehicles 1.390120839 Mar 2023 3/1/2023 Overall Average 2.146026217 Mar 2023 4/1/2023 Auto Parts 2.638177215 Apr 2023 4/1/2023 Pharmaceuticals 0.728284828 Apr 2023 4/1/2023 Steel and Aluminum 4.449898697 Apr 2023 4/1/2023 Semiconductors 0.901110009 Apr 2023 4/1/2023 Auto Vehicles 1.164151655 Apr 2023 4/1/2023 Overall Average 2.381737524 Apr 2023 5/1/2023 Auto Parts 2.531416757 May 2023 5/1/2023 Steel and Aluminum 4.47117241 May 2023 5/1/2023 Pharmaceuticals 0.633480386 May 2023 5/1/2023 Semiconductors 0.886231099 May 2023 5/1/2023 Auto Vehicles 1.292389861 May 2023 5/1/2023 Overall Average 2.379293155 May 2023 6/1/2023 Auto Parts 2.436132573 Jun 2023 6/1/2023 Steel and Aluminum 4.333339743 Jun 2023 6/1/2023 Pharmaceuticals 0.537694447 Jun 2023 6/1/2023 Semiconductors 0.844121435 Jun 2023 6/1/2023 Auto Vehicles 1.207754879 Jun 2023 6/1/2023 Overall Average 2.343794893 Jun 2023 7/1/2023 Auto Parts 2.504439244 Jul 2023 7/1/2023 Steel and Aluminum 4.152554793 Jul 2023 7/1/2023 Semiconductors 0.875954466 Jul 2023 7/1/2023 Auto Vehicles 1.4089326 Jul 2023 7/1/2023 Pharmaceuticals 0.5453948 Jul 2023 7/1/2023 Overall Average 2.466564634 Jul 2023 8/1/2023 Semiconductors 0.843130179 Aug 2023 8/1/2023 Pharmaceuticals 0.428533509 Aug 2023 8/1/2023 Steel and Aluminum 4.261109167 Aug 2023 8/1/2023 Auto Parts 2.46076151 Aug 2023 8/1/2023 Auto Vehicles 1.452223177 Aug 2023 8/1/2023 Overall Average 2.390124495 Aug 2023 9/1/2023 Auto Parts 2.553204182 Sep 2023 9/1/2023 Pharmaceuticals 0.5091446 Sep 2023 9/1/2023 Steel and Aluminum 4.256640034 Sep 2023 9/1/2023 Semiconductors 0.663143411 Sep 2023 9/1/2023 Auto Vehicles 1.336847569 Sep 2023 9/1/2023 Overall Average 2.352761476 Sep 2023 10/1/2023 Auto Parts 2.34473359 Oct 2023 10/1/2023 Pharmaceuticals 0.445089188 Oct 2023 10/1/2023 Steel and Aluminum 4.319912559 Oct 2023 10/1/2023 Semiconductors 0.624457886 Oct 2023 10/1/2023 Auto Vehicles 1.302691683 Oct 2023 10/1/2023 Overall Average 2.262488669 Oct 2023 11/1/2023 Semiconductors 0.642343757 Nov 2023 11/1/2023 Auto Parts 2.325731951 Nov 2023 11/1/2023 Pharmaceuticals 0.503399797 Nov 2023 11/1/2023 Steel and Aluminum 4.359056978 Nov 2023 11/1/2023 Auto Vehicles 1.258852721 Nov 2023 11/1/2023 Overall Average 2.166401393 Nov 2023 12/1/2023 Steel and Aluminum 4.719602256 Dec 2023 12/1/2023 Auto Parts 2.613449739 Dec 2023 12/1/2023 Semiconductors 0.789063229 Dec 2023 12/1/2023 Pharmaceuticals 0.485884575 Dec 2023 12/1/2023 Auto Vehicles 1.596857549 Dec 2023 12/1/2023 Overall Average 2.333029788 Dec 2023 1/1/2024 Auto Parts 2.545916291 Jan 2024 1/1/2024 Pharmaceuticals 0.522124748 Jan 2024 1/1/2024 Steel and Aluminum 4.739004782 Jan 2024 1/1/2024 Semiconductors 0.789021063 Jan 2024 1/1/2024 Auto Vehicles 1.382675484 Jan 2024 1/1/2024 Overall Average 2.479677625 Jan 2024 2/1/2024 Semiconductors 0.813712808 Feb 2024 2/1/2024 Auto Parts 2.471432064 Feb 2024 2/1/2024 Steel and Aluminum 4.749545483 Feb 2024 2/1/2024 Auto Vehicles 1.23722953 Feb 2024 2/1/2024 Pharmaceuticals 0.576912346 Feb 2024 2/1/2024 Overall Average 2.431912309 Feb 2024 3/1/2024 Auto Parts 2.42332045 Mar 2024 3/1/2024 Steel and Aluminum 4.638841627 Mar 2024 3/1/2024 Pharmaceuticals 0.515143219 Mar 2024 3/1/2024 Semiconductors 0.704626187 Mar 2024 3/1/2024 Auto Vehicles 1.139144404 Mar 2024 3/1/2024 Overall Average 2.211210041 Mar 2024 4/1/2024 Semiconductors 0.734858367 Apr 2024 4/1/2024 Steel and Aluminum 4.524451926 Apr 2024 4/1/2024 Auto Parts 2.424938109 Apr 2024 4/1/2024 Pharmaceuticals 0.47893341 Apr 2024 4/1/2024 Auto Vehicles 1.354093988 Apr 2024 4/1/2024 Overall Average 2.168997236 Apr 2024 5/1/2024 Pharmaceuticals 0.547668116 May 2024 5/1/2024 Auto Parts 2.26058851 May 2024 5/1/2024 Semiconductors 0.667186301 May 2024 5/1/2024 Steel and Aluminum 4.789460432 May 2024 5/1/2024 Auto Vehicles 1.210536764 May 2024 5/1/2024 Overall Average 2.235761626 May 2024 6/1/2024 Steel and Aluminum 4.892328544 Jun 2024 6/1/2024 Auto Vehicles 1.309896059 Jun 2024 6/1/2024 Auto Parts 2.157423704 Jun 2024 6/1/2024 Pharmaceuticals 0.53591447 Jun 2024 6/1/2024 Semiconductors 0.639778443 Jun 2024 6/1/2024 Overall Average 2.333059427 Jun 2024 7/1/2024 Auto Parts 2.35374623 Jul 2024 7/1/2024 Steel and Aluminum 5.056314574 Jul 2024 7/1/2024 Pharmaceuticals 0.47738734 Jul 2024 7/1/2024 Semiconductors 0.559110078 Jul 2024 7/1/2024 Auto Vehicles 1.450220927 Jul 2024 7/1/2024 Overall Average 2.476731311 Jul 2024 8/1/2024 Auto Parts 2.117362147 Aug 2024 8/1/2024 Pharmaceuticals 0.477468048 Aug 2024 8/1/2024 Steel and Aluminum 4.939714091 Aug 2024 8/1/2024 Semiconductors 0.568747128 Aug 2024 8/1/2024 Auto Vehicles 1.691848968 Aug 2024 8/1/2024 Overall Average 2.496021617 Aug 2024 9/1/2024 Pharmaceuticals 0.415561369 Sep 2024 9/1/2024 Auto Parts 2.059075309 Sep 2024 9/1/2024 Steel and Aluminum 5.000552715 Sep 2024 9/1/2024 Semiconductors 0.479546778 Sep 2024 9/1/2024 Auto Vehicles 1.100915277 Sep 2024 9/1/2024 Overall Average 2.38935852 Sep 2024 10/1/2024 Auto Parts 2.104454688 Oct 2024 10/1/2024 Steel and Aluminum 4.517249495 Oct 2024 10/1/2024 Pharmaceuticals 0.385463292 Oct 2024 10/1/2024 Semiconductors 0.452606077 Oct 2024 10/1/2024 Auto Vehicles 1.451183638 Oct 2024 10/1/2024 Overall Average 2.306271433 Oct 2024 11/1/2024 Steel and Aluminum 5.000780217 Nov 2024 11/1/2024 Pharmaceuticals 0.422338516 Nov 2024 11/1/2024 Auto Parts 2.161272687 Nov 2024 11/1/2024 Semiconductors 0.484560257 Nov 2024 11/1/2024 Auto Vehicles 1.589738807 Nov 2024 11/1/2024 Overall Average 2.312298711 Nov 2024 12/1/2024 Steel and Aluminum 5.242811339 Dec 2024 12/1/2024 Pharmaceuticals 0.471806785 Dec 2024 12/1/2024 Auto Parts 2.302753891 Dec 2024 12/1/2024 Semiconductors 0.553422439 Dec 2024 12/1/2024 Auto Vehicles 1.568661082 Dec 2024 12/1/2024 Overall Average 2.315451545 Dec 2024 1/1/2025 Auto Parts 2.44544911 Jan 2025 1/1/2025 Steel and Aluminum 5.081688673 Jan 2025 1/1/2025 Pharmaceuticals 0.432336622 Jan 2025 1/1/2025 Semiconductors 0.550245252 Jan 2025 1/1/2025 Auto Vehicles 1.327761901 Jan 2025 1/1/2025 Overall Average 2.206968107 Jan 2025 2/1/2025 Auto Parts 2.593358684 Feb 2025 2/1/2025 Steel and Aluminum 5.516029822 Feb 2025 2/1/2025 Pharmaceuticals 0.414572378 Feb 2025 2/1/2025 Semiconductors 1.565997441 Feb 2025 2/1/2025 Auto Vehicles 1.345481008 Feb 2025 2/1/2025 Overall Average 2.311366257 Feb 2025 3/1/2025 Auto Parts 5.980107983 Mar 2025 3/1/2025 Steel and Aluminum 12.90310252 Mar 2025 3/1/2025 Pharmaceuticals 0.49780625 Mar 2025 3/1/2025 Semiconductors 3.346315824 Mar 2025 3/1/2025 Auto Vehicles 2.081038961 Mar 2025 3/1/2025 Overall Average 3.816194906 Mar 2025 4/1/2025 Pharmaceuticals 1.040725278 Apr 2025 4/1/2025 Auto Parts 6.004072741 Apr 2025 4/1/2025 Steel and Aluminum 25.94402686 Apr 2025 4/1/2025 Semiconductors 3.374478637 Apr 2025 4/1/2025 Auto Vehicles 16.04306083 Apr 2025 4/1/2025 Overall Average 7.0708972 Apr 2025 5/1/2025 Pharmaceuticals 1.070959583 May 2025 5/1/2025 Steel and Aluminum 26.91145537 May 2025 5/1/2025 Auto Parts 8.551458451 May 2025 5/1/2025 Semiconductors 2.271164579 May 2025 5/1/2025 Auto Vehicles 18.8011896 May 2025 5/1/2025 Overall Average 8.845420653 May 2025 6/1/2025 Pharmaceuticals 1.426446527 Jun 2025 6/1/2025 Steel and Aluminum 37.2522635 Jun 2025 6/1/2025 Semiconductors 2.037737345 Jun 2025 6/1/2025 Auto Parts 7.888076324 Jun 2025 6/1/2025 Auto Vehicles 18.59113455 Jun 2025 6/1/2025 Overall Average 9.144188618 Jun 2025 7/1/2025 Steel and Aluminum 41.19863623 Jul 2025 7/1/2025 Pharmaceuticals 1.54183035 Jul 2025 7/1/2025 Auto Parts 7.875221146 Jul 2025 7/1/2025 Semiconductors 2.154876641 Jul 2025 7/1/2025 Auto Vehicles 22.3479996 Jul 2025 7/1/2025 Overall Average 9.746554748 Jul 2025
