Employment for Administrative and Support and Waste Management and Remediation Services: Waste Management and Remediation Services (NAICS 562) in the United States
Index 2017=100
IPUPN562W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.69
Year-over-Year Change
34.90%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks changes in the total output of the U.S. manufacturing and mining sectors. It is a key indicator of industrial production and 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
The Index 2017=100 is a volume index that measures the total real output of the manufacturing, mining, and electric and gas utility industries in the United States. It is used to assess the health and momentum of the industrial economy.
Methodology
The index is calculated by the Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
Policymakers and analysts monitor the Index 2017=100 to gauge trends in domestic industrial activity and make economic decisions.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- It covers around 75% of total industrial production in the United States.
- The index has shown steady growth since the 2020 pandemic recession.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total real output of the U.S. manufacturing, mining, and utility industries.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of industrial activity and economic momentum, making it important for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the index based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor the Index 2017=100 to assess the health of the industrial economy and make informed decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve with a typical delay of around two weeks.
Related Trends
Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 561720) in the United States
IPUPN561720W201000000
Real Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 56151) in the United States
IPUPN56151T011000000
Sectoral Output Price Deflator for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 561510) in the United States
IPUPN561510T050000000
Employment for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 56172) in the United States
IPUPN56172W010000000
Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 56151) in the United States
IPUPN56151T301000000
Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Janitorial Services (NAICS 56172) in the United States
IPUPN56172T300000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN562W010000000), retrieved from FRED.