Production: Manufacturing: Consumer Goods: Non-Durable Goods for India
Monthly, Seasonally Adjusted
INDPRMNCG03IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.35
Year-over-Year Change
5.46%
Date Range
4/1/1994 - 12/1/2018
Summary
This economic trend measures the Industrial Production Index for Manufacturing in the United States. It is a key indicator of the health and output 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 Industrial Production Index for Manufacturing tracks changes in the total industrial output of U.S. manufacturing industries on a monthly basis. It is an important gauge of economic activity and can inform policy decisions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve.
Historical Context
The Manufacturing Production Index is widely used by economists, policymakers, and market analysts to assess the state of the U.S. economy.
Key Facts
- The index is seasonally adjusted.
- Manufacturing accounts for about 75% of total industrial production.
- The index has a base year of 2017 = 100.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production Index for Manufacturing measures the monthly change in the total industrial output of U.S. manufacturing industries.
Q: Why is this trend relevant for users or analysts?
A: The Manufacturing Production Index is a key indicator of the health and activity of the U.S. manufacturing sector, which is a critical component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Manufacturing Production Index is widely used by economists, policymakers, and market analysts to assess the state of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of around 15 days.
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Citation
U.S. Federal Reserve, Industrial Production: Manufacturing (INDPRMNCG03IXOBSAM), retrieved from FRED.