Gross Domestic Product: Manufacturing (31-33) in Arkansas
Annual, Not Seasonally Adjusted
ARMANNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,987.00
Year-over-Year Change
76.91%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted series measures the value of manufacturing new orders in the U.S. This data provides insight into overall manufacturing activity and economic conditions.
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, Not Seasonally Adjusted series tracks the total value of new orders received by U.S. manufacturing establishments. This metric is a key indicator of the health and direction of the manufacturing sector, which is a critical driver of the broader economy.
Methodology
The data is collected through surveys of manufacturing companies conducted by the U.S. Census Bureau.
Historical Context
Analysts and policymakers monitor this trend to assess the strength of domestic manufacturing and overall economic performance.
Key Facts
- The data is reported on an annual, not seasonally adjusted basis.
- Manufacturing new orders are a leading indicator of future production and investment.
- Trends in this metric can signal changes in the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted series measures the total value of new orders received by U.S. manufacturing establishments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and direction of the manufacturing sector, which is a critical driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to assess the strength of domestic manufacturing and overall economic performance.
Q: Are there update delays or limitations?
A: The data is reported on an annual, not seasonally adjusted basis, which may limit its responsiveness to short-term changes in the manufacturing sector.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (ARMANNGSP), retrieved from FRED.