Output per Worker for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
Index 2017=100
IPUGN4248W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.53
Year-over-Year Change
3.73%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' measures changes in U.S. industrial production output. It is a key indicator of the nation's manufacturing and economic health.
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 'Index 2017=100' tracks the monthly production of U.S. manufacturing, mining, and electric and gas utility companies. It is a widely followed metric used by economists, policymakers, and analysts to gauge the strength of the industrial sector.
Methodology
The data is collected through surveys of industrial facilities and calculated with a base year of 2017.
Historical Context
The index informs decisions on monetary and fiscal policies aimed at supporting the U.S. industrial economy.
Key Facts
- The index has a base year of 2017 with a value of 100.
- Output was 102.8 in June 2022, indicating 2.8% growth from the 2017 baseline.
- The index fell sharply in 2020 due to the COVID-19 pandemic but has since recovered.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2017=100' measures changes in the total industrial production output of U.S. manufacturing, mining, and utility companies.
Q: Why is this trend relevant for users or analysts?
A: The index is a widely watched indicator of the health and direction of the U.S. industrial economy, informing decisions by policymakers, investors, and business leaders.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated with a 2017 base year.
Q: How is this trend used in economic policy?
A: The industrial production index informs monetary and fiscal policies aimed at supporting the U.S. manufacturing and industrial sectors.
Q: Are there update delays or limitations?
A: The index data 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, Index 2017=100 (IPUGN4248W000000000), retrieved from FRED.