Business Applications from Corporations: Total for All NAICS in Virginia
Seasonally Adjusted
BACBATOTALSAVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,330.00
Year-over-Year Change
218.31%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted Business Activity index measures the level of economic activity in the manufacturing sector. It is a key indicator used by economists and policymakers to assess the health 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
The Seasonally Adjusted Business Activity index is a composite measure of production, new orders, employment, inventories, and supplier deliveries in the manufacturing industry. It provides a comprehensive view of current economic conditions and is widely followed as a barometer of the broader economy.
Methodology
The index is calculated by the Institute for Supply Management (ISM) based on survey data from purchasing and supply executives.
Historical Context
The Seasonally Adjusted Business Activity index is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Key Facts
- The index ranges from 0 to 100, with 50 indicating no change in activity.
- A reading above 50 signals expansion, while a reading below 50 indicates contraction.
- The index is released monthly by the Institute for Supply Management (ISM).
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Business Activity index measures the level of economic activity in the U.S. manufacturing sector, providing a comprehensive view of current conditions.
Q: Why is this trend relevant for users or analysts?
A: The index is a widely followed indicator of the broader economy's health and is used by economists, policymakers, and market analysts to assess the strength and direction of the manufacturing industry.
Q: How is this data collected or calculated?
A: The index is calculated by the Institute for Supply Management (ISM) based on survey data from purchasing and supply executives.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted Business Activity index is closely monitored by the Federal Reserve and other government agencies to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the ISM, and there are no significant delays or limitations in the data.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Business Activity (BACBATOTALSAVA), retrieved from FRED.