Employment for Arts, Entertainment, and Recreation: Independent Artists, Writers, and Performers (NAICS 7115) in the United States
Index 2017=100
IPUSN7115W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.53
Year-over-Year Change
36.46%
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 economic activity and growth.
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 monthly index tracks the total volume of goods produced by manufacturing, mining, and utilities industries in the U.S. It is a widely-followed metric used by economists and policymakers to assess the health and trajectory of the overall economy.
Methodology
The index is calculated by the U.S. Federal Reserve using data from surveys of industrial facilities.
Historical Context
The industrial production index is an important input for economic forecasting and monetary policy decisions.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for over 70% of the total industrial production index.
- 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 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 industrial production index is a key indicator of overall economic activity and health, providing insights into the strength of the manufacturing and industrial sectors.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve using survey data from industrial facilities.
Q: How is this trend used in economic policy?
A: The industrial production index is an important input for economic forecasting and monetary policy decisions by the Federal Reserve and other policymakers.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve, with a typical delay of about 2-3 weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUSN7115W010000000), retrieved from FRED.