Imports of Services: Transport
Annual, Not Seasonally Adjusted
IEAMSTA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154,749.00
Year-over-Year Change
55.80%
Date Range
1/1/1999 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted economic trend measures the value-added output of the U.S. manufacturing sector. It is a key indicator of the overall health and productivity of the U.S. economy.
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 metric represents the total volume of goods produced by U.S. manufacturers annually, without adjustments for seasonal variations. It provides insight into the long-term growth and competitiveness of the American manufacturing industry.
Methodology
The data is collected through surveys of manufacturing establishments and compiled by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts use this trend to gauge the strength of the U.S. industrial base and inform economic and trade policies.
Key Facts
- U.S. manufacturing output rose by 3.2% in 2021.
- The sector accounts for over 11% of U.S. GDP.
- Durable goods production makes up over half of total manufacturing.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted metric tracks the total value-added output of the U.S. manufacturing sector on a yearly basis.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the long-term growth and competitiveness of American manufacturing, which is a critical driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the strength of the U.S. industrial base and inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a slight lag. There may be revisions to historical values as new information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (IEAMSTA), retrieved from FRED.