Production: Manufacturing: Intermediate Goods: Total for Estonia
Quarterly, Not Seasonally Adjusted
ESTPRMNIG01IXOBQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.36
Year-over-Year Change
-11.98%
Date Range
1/1/2000 - 7/1/2023
Summary
The Quarterly, Not Seasonally Adjusted economic trend measures estimates of total production in the manufacturing sector. It provides insights into the overall health and performance of the U.S. 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
This index tracks changes in the volume of production output for the U.S. manufacturing sector on a quarterly basis, without adjusting for seasonal variations. It is a key economic indicator used to assess the strength and direction of the domestic manufacturing industry.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as an index with a base year of 2012.
Historical Context
Analysts and policymakers closely monitor this trend to gauge the state of the manufacturing economy and inform economic policy decisions.
Key Facts
- The index base year is 2012.
- Quarterly data is released with a 2-month lag.
- Manufacturers account for about 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of production output in the U.S. manufacturing sector on a quarterly basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly, Not Seasonally Adjusted production index is a key indicator of the health and performance of the U.S. manufacturing industry, which is a vital component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as an index with a base year of 2012.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor this trend to gauge the state of the manufacturing economy and inform economic policy decisions, such as interest rates, trade policies, and industrial support programs.
Q: Are there update delays or limitations?
A: The quarterly data is released with a 2-month lag, meaning the most recent quarter's data is not immediately available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (ESTPRMNIG01IXOBQ), retrieved from FRED.