Production: Manufacturing: Consumer Goods: Durable Goods for Finland
Monthly, Seasonally Adjusted
FINPRMNCG02IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.69
Year-over-Year Change
-13.04%
Date Range
1/1/1990 - 10/1/2023
Summary
The Monthly, Seasonally Adjusted series measures the production of manufacturing industries in the United States. It is a key indicator of economic activity and can inform policy decisions.
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 represents the overall production levels of US manufacturing, which accounts for a significant portion of the country's economic output. It is used by economists and policymakers to assess the health and direction of the manufacturing sector.
Methodology
The data is collected through surveys of manufacturing establishments and aggregated into an index.
Historical Context
Manufacturing production trends can influence Federal Reserve policy and market expectations.
Key Facts
- The index is published monthly by the Federal Reserve.
- Manufacturing accounts for about 12% of US GDP.
- The index uses 2012 as the base year.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures the overall production levels of manufacturing industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic activity and can provide insights into the health and direction of the manufacturing sector, which is an important component of the US economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and aggregated into an index.
Q: How is this trend used in economic policy?
A: Manufacturing production trends can influence Federal Reserve policy and market expectations, as the manufacturing sector is a significant driver of economic growth.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (FINPRMNCG02IXOBSAM), retrieved from FRED.