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Index 2015=100, Quarterly, Seasonally Adjusted

CHEMABMM301IXOBSAQ • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

110.41

Year-over-Year Change

9.63%

Date Range

1/1/1972 - 10/1/2018

Summary

The 'Index 2015=100, Quarterly, Seasonally Adjusted' series tracks changes in the production of chemicals and chemical products in the United States. This key economic indicator provides insights into the health and activity of a major industrial sector.

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 index measures the quarterly production volume of the chemicals industry in the U.S., with the base year set to 2015. It is a seasonally adjusted series that helps policymakers and analysts understand trends in this important manufacturing segment.

Methodology

The data is collected through surveys of chemical producers and manufacturers.

Historical Context

The chemical industry production index is widely used to assess overall economic conditions and industrial activity.

Key Facts

  • The base year for the index is 2015.
  • The series is updated quarterly by the U.S. Federal Reserve.
  • The chemicals industry accounts for over $550 billion in annual U.S. economic output.

FAQs

Q: What does this economic trend measure?

A: This index measures the quarterly production volume of the chemicals industry in the United States, with the base year set to 2015.

Q: Why is this trend relevant for users or analysts?

A: The chemical industry production index provides valuable insights into the health and activity of a major U.S. manufacturing sector, which is important for policymakers and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of chemical producers and manufacturers.

Q: How is this trend used in economic policy?

A: The chemical industry production index is widely used to assess overall economic conditions and industrial activity, making it a key data point for policymakers and market analysts.

Q: Are there update delays or limitations?

A: The series is updated quarterly by the U.S. Federal Reserve, with a typical delay of 2-3 months between the end of the reference quarter and the data release.

Related Trends

Citation

U.S. Federal Reserve, Index 2015=100, Quarterly, Seasonally Adjusted (CHEMABMM301IXOBSAQ), retrieved from FRED.