Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
Index 2017=100
IPUGN425W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.18
Year-over-Year Change
-8.98%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the seasonally adjusted industrial production index for the United States. This key economic indicator provides insight into the overall health of the 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 Index 2017=100 is a monthly measure of the total industrial output in the U.S. economy, including production from manufacturing, mining, and utilities. It serves as an important barometer of economic activity and is closely watched by policymakers and market analysts.
Methodology
The Federal Reserve compiles this index based on survey data from industrial facilities across the country.
Historical Context
The Index 2017=100 is a leading indicator used to forecast broader economic trends and assess the effectiveness of monetary and fiscal policies.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Manufacturing accounts for approximately 75% of the total index.
- The index reached an all-time high of 104.5 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of industrial production, including manufacturing, mining, and utilities, in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of economic health and a leading predictor of broader economic activity, making it essential for policymakers, investors, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this index based on survey data from industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other policymakers to assess the state of the manufacturing sector and guide monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve with a typical one-month lag, and may be subject to revisions as additional data becomes available.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238T050000000
Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242T300000000
Output per Worker for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247W001000000
Hours Worked for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425L010000000
Labor Compensation for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L020000000
Labor Productivity for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235L000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN425W010000000), retrieved from FRED.