Production: Manufacturing: Intermediate Goods: Total for India
Monthly, Seasonally Adjusted
INDPRMNIG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.07
Year-over-Year Change
-1.59%
Date Range
4/1/1994 - 12/1/2018
Summary
The Industrial Production: Manufacturing (NAICS) index measures the real output of the U.S. manufacturing sector on a monthly basis. It is a key indicator of economic activity and an important input for policymakers.
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: Manufacturing index tracks changes in the physical production of goods across a range of manufacturing industries. It provides a comprehensive snapshot of the health and momentum of the U.S. manufacturing economy.
Methodology
The index is calculated by the Federal Reserve using survey data on production and capacity utilization from manufacturing establishments.
Historical Context
This metric is closely watched by analysts, investors, and policymakers as a real-time signal of the broader economy's performance.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for over 75% of total industrial production.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production: Manufacturing index measures the real output of the U.S. manufacturing sector on a monthly basis, providing a comprehensive indicator of the health of manufacturing activity.
Q: Why is this trend relevant for users or analysts?
A: This metric is a crucial real-time signal of the broader economy's performance and is closely watched by analysts, investors, and policymakers.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve using survey data on production and capacity utilization from manufacturing establishments.
Q: How is this trend used in economic policy?
A: The Industrial Production: Manufacturing index is an important input for policymakers at the Federal Reserve and other institutions in assessing the state of the economy and informing policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Industrial Production: Manufacturing (NAICS) (INDPRMNIG01IXOBSAM), retrieved from FRED.