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Growth rate previous period, Quarterly
INDWPOTFD01GPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.29
Year-over-Year Change
-59.08%
Date Range
7/1/1994 - 7/1/2022
Summary
This economic indicator measures the quarterly growth rate of total industrial production, which is a key metric for analyzing the overall health of the U.S. manufacturing and industrial sectors.
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 growth rate is a widely followed indicator that provides insights into the performance and trajectory of the U.S. economy. It serves as an important data point for economists, policymakers, and investors in assessing the strength and direction of industrial activity.
Methodology
The Federal Reserve calculates this index based on monthly surveys of industrial facilities across the country.
Historical Context
Analysts and policymakers closely monitor the industrial production growth rate to gauge the overall momentum of the economy.
Key Facts
- The index has a base year of 2017 = 100.
- Industrial production accounts for approximately 20% of U.S. GDP.
- The growth rate is reported on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly growth rate of total industrial production in the United States, which includes manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key economic indicator that provides insights into the overall health and momentum of the U.S. economy, particularly the manufacturing and industrial sectors.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on monthly surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Analysts and policymakers closely monitor the industrial production growth rate to gauge the overall strength and direction of the economy, which informs decision-making and policy actions.
Q: Are there update delays or limitations?
A: The industrial production growth rate is reported on a quarterly basis, with a slight delay in the release of the data.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (INDWPOTFD01GPQ), retrieved from FRED.