Real Gross Domestic Product: Manufacturing (31-33) in Arkansas
Quarterly, Seasonally Adjusted Annual Rate
ARMANRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,563.30
Year-over-Year Change
7.04%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate measures the value of manufacturing production in the United States. It is a key indicator of the health and direction of the U.S. economy.
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
This economic trend represents the seasonally adjusted, annualized value of manufactured goods produced in the U.S. It is closely watched by economists, policymakers, and investors as a gauge of industrial activity and overall economic conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of manufacturing facilities.
Historical Context
Trends in manufacturing production are closely linked to broader macroeconomic policies and market performance.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The sector employs over 12 million workers nationwide.
- Production levels can signal shifts in consumer and business demand.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate measures the total value of manufactured goods produced in the United States on an annualized basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides crucial insights into the health and direction of the U.S. economy, as manufacturing is a significant driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities by the U.S. Census Bureau and then adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Trends in manufacturing production are closely monitored by policymakers, economists, and investors to assess the broader state of the economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a lag of approximately one month, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (ARMANRQGSP), retrieved from FRED.