Sectoral Output Price Deflator for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 56151) in the United States
Index 2017=100
IPUPN56151T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.04
Year-over-Year Change
7.35%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the monthly production of the U.S. manufacturing sector, a key indicator of overall economic activity.
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
This index measures the volume of industrial production, including factories, mines, and utilities. It provides a comprehensive gauge of the health and trends in the U.S. manufacturing industry.
Methodology
The data is collected through surveys and other sources by the Federal Reserve.
Historical Context
The Index 2017=100 is widely used by economists, policymakers, and analysts to assess the state of the U.S. economy.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- Manufacturing accounts for about 75% of the total index.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the 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 2017=100 is a widely watched indicator of the health and performance of the U.S. manufacturing sector, providing insights into overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys and other sources by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by economists, policymakers, and analysts to assess the state of the U.S. economy and inform decision-making.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with limited delays in data reporting.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN56151T050000000), retrieved from FRED.