Production: Manufacturing: Consumer Goods: Durable Goods for India
Monthly, Not Seasonally Adjusted
INDPRMNCG02IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.34
Year-over-Year Change
15.93%
Date Range
4/1/1994 - 10/1/2023
Summary
This economic indicator measures the Industrial Production Index for Manufacturing, not seasonally adjusted, which tracks changes in U.S. industrial production. It serves as an important gauge of the health and performance of the 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 Industrial Production Index for Manufacturing, Not Seasonally Adjusted, is a key indicator published by the Federal Reserve that measures the real output of the U.S. manufacturing sector. It is used by economists and policymakers to assess trends in domestic industrial activity.
Methodology
The data is calculated based on monthly surveys of industrial facilities.
Historical Context
This index provides important insights into the state of the U.S. economy and can inform policy decisions.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for about 75% of total industrial production.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the real output of the U.S. manufacturing sector, providing insights into the health and performance of domestic industrial production.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index for Manufacturing is a critical gauge of the state of the U.S. economy and can inform policy decisions by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated based on monthly surveys of industrial facilities conducted by the Federal Reserve.
Q: How is this trend used in economic policy?
A: This index provides valuable insights into the performance of the manufacturing sector, which can inform economic policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The index is released monthly, with a typical delay of a few weeks from the end of the reference period.
Related Trends
Business Tendency Surveys: Order Books: Economic Activity: Manufacturing: Current for India
BSOBLV02INQ460S
Consumer Price Index: All Items: Total: Special COICOP Series for India
INDCPALTT02GPM
Financial Market: Share Prices for India
SPASTT01INM661N
Use of Financial Services Borrowers: Persons Borrowing from Credit Unions and Financial Cooperatives for India
INDFCRODUPENUM
Life Expectancy at Birth, Total for India
SPDYNLE00ININD
Number of Identified Exporters to India from Arkansas
ARINDA475SCEN
Citation
U.S. Federal Reserve, Industrial Production Index for Manufacturing, Not Seasonally Adjusted (INDPRMNCG02IXOBM), retrieved from FRED.