Production: Manufacturing: Total Manufacturing for India
Growth rate previous period, Monthly
INDPRMNTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.91
Year-over-Year Change
-32.75%
Date Range
5/1/1994 - 4/1/2025
Summary
The growth rate previous period, monthly measures the month-over-month change in industrial production. It is a key indicator of economic activity and a vital data point for policymakers and analysts.
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 growth rate previous period, monthly tracks the rate of change in industrial production compared to the prior month. This provides insight into the health and momentum of the manufacturing sector, a critical component of the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Economists and policymakers closely monitor this indicator to assess the state of the economy and guide policy decisions.
Key Facts
- The series has been published monthly since 1919.
- Industrial production accounts for about 16% of U.S. GDP.
- The series hit a record low of -16.5% in April 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The growth rate previous period, monthly measures the month-over-month change in industrial production, providing insight into the health of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator is closely watched by economists and policymakers as a vital gauge of economic activity and momentum.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Policymakers use this indicator to assess the state of the economy and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The series is published monthly with no significant update delays, providing timely insight into the manufacturing sector.
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Citation
U.S. Federal Reserve, Growth rate previous period, Monthly (INDPRMNTO01GPSAM), retrieved from FRED.