Private New Construction Activity, Industrial Buildings for United States
Annual
A02185USA398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,962.00
Year-over-Year Change
39.91%
Date Range
1/1/1915 - 1/1/1963
Summary
The Annual rate measures the year-over-year change in total industrial production, a key indicator of overall economic activity.
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 Annual rate tracks the percent change in total industrial production, including manufacturing, mining, and utilities, compared to the same month one year prior. It provides insights into the momentum and direction of the broader U.S. economy.
Methodology
The Federal Reserve calculates the Annual rate based on its monthly Industrial Production and Capacity Utilization survey.
Historical Context
The Annual rate is closely monitored by policymakers, analysts, and investors to assess the health and trajectory of the U.S. economy.
Key Facts
- The Annual rate reached a peak of 8.3% in March 2022.
- Industrial production accounts for approximately 20% of the U.S. GDP.
- The Annual rate is a closely watched signal of the business cycle.
FAQs
Q: What does this economic trend measure?
A: The Annual rate measures the year-over-year change in total industrial production, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Annual rate provides valuable insights into the momentum and direction of the broader U.S. economy, making it a closely monitored indicator by policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the Annual rate based on its monthly Industrial Production and Capacity Utilization survey.
Q: How is this trend used in economic policy?
A: The Annual rate is a key input for policymakers in assessing the health and trajectory of the U.S. economy, informing decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Annual rate is published monthly by the Federal Reserve, with a typical delay of around one month from the reference period.
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Citation
U.S. Federal Reserve, Annual (A02185USA398NNBR), retrieved from FRED.