Employment for Other Services (Except Public Administration): Automotive Repair and Maintenance (NAICS 8111) in the United States
Index 2017=100
IPUUN8111W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.86
Year-over-Year Change
19.80%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' trend measures the output of industrial production across the U.S. manufacturing sector. It is a key economic indicator used to assess the health and direction of the broader economy.
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' represents the total volume of industrial production, including factories, mines, and utilities. It is a widely tracked metric that provides insight into the overall strength of the U.S. industrial base and can signal shifts in consumer and business demand.
Methodology
The data is collected through surveys of industrial facilities and compiled by the U.S. Federal Reserve.
Historical Context
This index is closely monitored by policymakers, analysts, and investors to gauge the pace of economic growth and inform policy decisions.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- The index covers a range of industrial sectors, including mining, utilities, and factories.
- Fluctuations in the index can signal changes in consumer demand and business investment.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2017=100' measures the total volume of industrial production across the U.S. manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely watched indicator of the overall health and direction of the U.S. economy, providing insight into consumer and business demand.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor this index to gauge the pace of economic growth and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with some delay in the data release.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN8111W010000000), retrieved from FRED.