Employment for Administrative and Support and Waste Management and Remediation Services: Administrative and Support Services (NAICS 561) in the United States
Index 2017=100
IPUPN561W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.34
Year-over-Year Change
11.89%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the total industrial production in the United States, a key indicator of the health of the manufacturing sector and overall economy.
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 total volume of production for all facilities located in the United States, including manufacturing, mining, and electric and gas utilities. It is a widely-used metric for analyzing trends in industrial activity and capacity utilization.
Methodology
The data is collected through monthly surveys of industrial facilities by the Federal Reserve.
Historical Context
The Index is closely monitored by policymakers, analysts, and investors to assess the strength of the U.S. economy.
Key Facts
- The Index has a base year of 2017, with a value of 100.
- Manufacturing accounts for over 75% of the total industrial production index.
- The Index reached a record 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 in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Index is a key indicator of the health and performance of the U.S. industrial sector, providing insights into the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index is closely monitored by policymakers, analysts, and investors to assess the strength of the U.S. economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The Index is released monthly by the Federal Reserve, with a typical delay of about 15 days from the end of the reference month.
Related Trends
Unit Labor Costs for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
IPUPN5615U100000000
Hours Worked for Administrative and Support and Waste Management and Remediation Services: Remediation and Other Waste Services (NAICS 5629) in the United States
IPUPN5629L010000000
Sectoral Output Price Deflator for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
IPUPN5615T050000000
Real Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
IPUPN5615T011000000
Labor Compensation for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
IPUPN5615L021000000
Employment for Administrative and Support and Waste Management and Remediation Services: Business Support Services (NAICS 5614) in the United States
IPUPN5614W200000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN561W010000000), retrieved from FRED.