Employment for Administrative and Support and Waste Management and Remediation Services: Remediation and Other Waste Services (NAICS 5629) in the United States
Index 2017=100
IPUPN5629W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.85
Year-over-Year Change
42.69%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the production of industrial goods and utilities in the United States. It is a key indicator of the overall health 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 monthly economic indicator that tracks the total output of U.S. manufacturing, mining, and electric and gas utilities. It is a widely followed metric for evaluating the strength and direction of industrial activity in the country.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on production output surveys.
Historical Context
The Index 2017=100 is closely monitored by policymakers, investors, and economists as a barometer of the broader economy.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- It covers around 75% of the total industrial output in the United States.
- The index reached an all-time high of 104.4 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total 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 crucial indicator of the overall health and direction of the U.S. industrial sector, which is a significant driver of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on production output surveys.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, investors, and economists as a barometer of the broader economy and to 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 around two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN5629W010000000), retrieved from FRED.