Sectoral Output for Arts, Entertainment, and Recreation: Golf Courses and Country Clubs (NAICS 713910) in the United States

Millions of Dollars

IPUSN713910T300000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

33,564.69

Year-over-Year Change

58.86%

Date Range

1/1/2002 - 1/1/2022

Summary

This economic trend measures the value of U.S. industrial production in millions of dollars. It serves as a key indicator of overall economic activity and manufacturing output.

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 Millions of Dollars industrial production index tracks the total monetary value of goods produced by U.S. factories, mines, and utilities. It is a widely-followed metric for analyzing the health and trajectory of the national economy.

Methodology

The data is collected through monthly surveys of industrial establishments by the U.S. Federal Reserve.

Historical Context

Policymakers and analysts use this metric to assess the performance of the manufacturing sector and make informed decisions.

Key Facts

  • The Millions of Dollars index was first published in 1919.
  • The index includes output from factories, mines, and utilities.
  • It is a monthly measure, providing timely insights on the economy.

FAQs

Q: What does this economic trend measure?

A: The Millions of Dollars industrial production index measures the total monetary value of goods produced by U.S. factories, mines, and utilities on a monthly basis.

Q: Why is this trend relevant for users or analysts?

A: This metric is a key indicator of overall economic activity and manufacturing output, providing valuable insights for policymakers, businesses, and investors.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of industrial establishments by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the performance of the manufacturing sector and make informed decisions regarding economic policy and interventions.

Q: Are there update delays or limitations?

A: The Millions of Dollars index is published monthly, providing timely data on industrial production.

Related Trends

Citation

U.S. Federal Reserve, Millions of Dollars (IPUSN713910T300000000), retrieved from FRED.