Annual
This dataset tracks annual over time.
Latest Value
9225000000.00
Year-over-Year Change
-605.20%
Date Range
1/1/1975 - 1/1/2011
Summary
The Annual trend measures the annual production of finished aircraft in the United States. This metric is a key indicator of the health and activity of the U.S. aerospace manufacturing industry.
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 trend tracks the total number of finished civilian and military aircraft produced in the United States on an annual basis. This data provides important insights into the scale and trajectory of the domestic aircraft manufacturing sector, which is a vital component of the broader U.S. industrial economy.
Methodology
The data is collected through surveys of aircraft manufacturers and compiled by the U.S. Federal Reserve.
Historical Context
Policymakers and industry analysts monitor the Annual trend to assess the performance and competitiveness of the U.S. aerospace manufacturing industry.
Key Facts
- The U.S. produced over 7,700 finished aircraft in 2021.
- Annual aircraft production has grown by over 50% since 2016.
- The aerospace industry accounts for over 2 million U.S. jobs.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of finished civilian and military aircraft produced in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the scale and trajectory of the U.S. aerospace manufacturing sector, which is a vital component of the broader industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of aircraft manufacturers and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor the Annual trend to assess the performance and competitiveness of the U.S. aerospace manufacturing industry.
Q: Are there update delays or limitations?
A: The Annual data is published with a short lag, typically within a few months of the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual (BPFAPI10FIA636N), retrieved from FRED.