Employment for Administrative and Support and Waste Management and Remediation Services: Employment Services (NAICS 5613) in the United States
Index 2017=100
IPUPN5613W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.88
Year-over-Year Change
6.40%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' trend measures the level of industrial production, including manufacturing, mining, and utilities output, with 2017 as the base year. This important economic indicator provides insight into the overall health and direction of the U.S. industrial 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 widely followed measure of U.S. industrial activity, encompassing the production of physical goods across major industrial sectors. It serves as a leading indicator of economic conditions and can inform policy decisions related to employment, investment, and trade.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial facilities and other sources.
Historical Context
The Index 2017=100 is closely monitored by economists, policymakers, and market participants to assess the strength and trajectory of the U.S. industrial economy.
Key Facts
- The base year for the Index 2017=100 is 2017.
- The index covers production in manufacturing, mining, and utilities sectors.
- The index is a widely followed indicator of U.S. industrial health.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the level of industrial production in the United States, including manufacturing, mining, and utilities output, with 2017 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator of the overall health and direction of the U.S. industrial sector, providing important insights for economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data for the Index 2017=100 is collected by the U.S. Federal Reserve through surveys of industrial facilities and other sources.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers to assess the strength and trajectory of the U.S. industrial economy, which can inform decisions related to employment, investment, and trade.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the U.S. Federal Reserve, with typical update delays of a few weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN5613W010000000), retrieved from FRED.