Sectoral Output for Arts, Entertainment, and Recreation: Fitness and Recreational Sports Centers (NAICS 713940) in the United States

Percent Change from Year Ago

IPUSN713940T301000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

23.00

Year-over-Year Change

900.00%

Date Range

1/1/2003 - 1/1/2022

Summary

The 'Percent Change from Year Ago' trend measures the annual percent change in the U.S. Industrial Production Index, a key indicator of overall 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 Industrial Production Index tracks the real output of manufacturing, mining, and electric and gas utilities industries in the United States. This metric is closely watched by economists and policymakers to gauge the health and direction of the broader economy.

Methodology

The data is collected and calculated monthly by the U.S. Federal Reserve.

Historical Context

Percent changes in industrial production are used to inform monetary and fiscal policy decisions.

Key Facts

  • The Industrial Production Index is a leading economic indicator.
  • Manufacturing accounts for over 75% of total industrial production.
  • The index is adjusted for seasonal and calendar effects.

FAQs

Q: What does this economic trend measure?

A: The 'Percent Change from Year Ago' trend measures the annual percent change in the U.S. Industrial Production Index, a key indicator of overall economic activity.

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

A: This metric is closely watched by economists and policymakers to gauge the health and direction of the broader economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated monthly by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Percent changes in industrial production are used to inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The Industrial Production Index is published monthly with a typical lag of about a month and a half.

Related Trends

Citation

U.S. Federal Reserve, Percent Change from Year Ago (IPUSN713940T301000000), retrieved from FRED.