Employment for Arts, Entertainment, and Recreation: Spectator Sports (NAICS 7112) in the United States
Index 2017=100
IPUSN7112W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.48
Year-over-Year Change
2.08%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in manufacturing output in the United States, providing insight into the health of the 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 key economic indicator that tracks production levels across a range of manufacturing industries. It serves as a barometer for the broader industrial economy and is closely monitored by policymakers and analysts.
Methodology
The index is calculated by the U.S. Federal Reserve based on survey data from manufacturing establishments.
Historical Context
The Index 2017=100 is a vital input for assessing macroeconomic conditions and informing monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2017, set to 100.
- The index tracks output across 89 individual manufacturing industries.
- Manufacturing accounts for around 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the total industrial production of manufacturing industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index provides a comprehensive overview of the health and performance of the U.S. manufacturing sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on monthly survey data from manufacturing establishments.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers and analysts to assess the state of the industrial economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve with a typical delay of 2-3 weeks from the end of the reference period.
Related Trends
Real Sectoral Output for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 713110) in the United States
IPUSN713110T011000000
Labor Productivity for Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (NAICS 71394) in the United States
IPUSN71394L000000000
Hours Worked for Arts, Entertainment, and Recreation: Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures (NAICS 711410) in the United States
IPUSN711410L010000000
Labor Productivity for Arts, Entertainment, and Recreation: Amusement and Theme Parks (NAICS 71311) in the United States
IPUSN71311L000000000
Unit Labor Costs for Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (NAICS 71394) in the United States
IPUSN71394U101000000
Hours Worked for Arts, Entertainment, and Recreation: Independent Artists, Writers, and Performers (NAICS 7115) in the United States
IPUSN7115L010000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUSN7112W010000000), retrieved from FRED.