Labor Productivity for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 561510) in the United States
Index 2017=100
IPUPN561510L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.11
Year-over-Year Change
225.47%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures changes in total industrial production, a key indicator of economic activity. It is closely tracked by economists and policymakers to gauge the 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 tracks changes in the total volume of industrial production, including manufacturing, mining, and utilities. It is a widely used economic indicator that provides insight into the overall state of industrial activity and the broader economy.
Methodology
The Federal Reserve compiles the Index 2017=100 using survey data from industrial facilities across the United States.
Historical Context
The Index 2017=100 is a vital input for monetary and fiscal policy decisions, as well as market analysis of the industrial sector.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- The index covers a broad range of industrial activities, including factories, mines, and utilities.
- Changes in the index are closely watched as an indicator of the overall health of the U.S. economy.
FAQs
Q: What does the Index 2017=100 measure?
A: The Index 2017=100 measures changes in the total volume of industrial production, including manufacturing, mining, and utilities.
Q: Why is the Index 2017=100 relevant for users or analysts?
A: The Index 2017=100 is a key indicator of economic activity and the health of the industrial sector, making it highly relevant for policymakers, economists, and market analysts.
Q: How is the Index 2017=100 data collected or calculated?
A: The Federal Reserve compiles the Index 2017=100 using survey data from industrial facilities across the United States.
Q: How is the Index 2017=100 used in economic policy?
A: The Index 2017=100 is a vital input for monetary and fiscal policy decisions, as well as market analysis of the industrial sector.
Q: Are there any update delays or limitations for the Index 2017=100?
A: The Index 2017=100 is published monthly by the Federal Reserve, with a typical release delay of around two weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN561510L000000000), retrieved from FRED.