Imports of Goods: General Merchandise: Foods, feeds, and beverages
Quarterly, Seasonally Adjusted
IEAMGF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,117.00
Year-over-Year Change
15.70%
Date Range
1/1/1999 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the index of industrial production for manufacturing of general industrial equipment. This key economic indicator provides insights into the health and trends of the U.S. manufacturing 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
The Quarterly, Seasonally Adjusted index tracks changes in the volume of production for manufactured industrial equipment. It is a widely-followed metric used by economists, policymakers, and analysts to assess the strength and direction of the U.S. industrial economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The index is closely monitored for its implications on economic growth, business investment, and policy decisions.
Key Facts
- The index uses 2017 as the base year (2017=100).
- The series dates back to 1972 with data published quarterly.
- The index reached a record high of 125.2 in the fourth quarter of 2021.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted index measures the production volume of manufactured industrial equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides crucial insights into the health and direction of the U.S. industrial sector, which is a key driver of economic growth and business investment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial facilities and calculated as a seasonally adjusted index.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by policymakers, economists, and analysts to assess the strength of the manufacturing economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted index is published by the Federal Reserve on a quarterly basis with a typical delay of about a month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (IEAMGF), retrieved from FRED.