Employment for Other Services (Except Public Administration): Electronic and Precision Equipment Repair and Maintenance (NAICS 8112) in the United States
Index 2017=100
IPUUN8112W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.95
Year-over-Year Change
-14.02%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of total industrial production in the United States. It is a key indicator of the overall health and activity of the U.S. 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 tracks the total output of manufacturing, mining, and utilities industries in the United States. It provides a broad measure of production trends and is used by policymakers and analysts to gauge the strength of the industrial economy.
Methodology
The data is collected through monthly surveys of industrial facilities and then aggregated into an index with a 2017 base year.
Historical Context
Trends in the Index 2017=100 are closely monitored by the Federal Reserve and other economic institutions for insights into monetary and fiscal policy.
Key Facts
- The index has a base year of 2017 with a value of 100.
- Manufacturing accounts for around 75% of the total index.
- Index levels above 100 indicate higher production than in 2017.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the overall 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 index is a key indicator of the health and activity of the U.S. industrial economy, providing insights that are valuable for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and then aggregated into an index with a 2017 base year of 100.
Q: How is this trend used in economic policy?
A: Trends in the Index 2017=100 are closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly with a typical lag of around one month from the reference period.
Related Trends
Hours Worked for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
IPUUN811420L010000000
Labor Compensation for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292L020000000
Employment for Other Services (Except Public Administration): Personal Care Services (NAICS 8121) in the United States
IPUUN8121W010000000
Hourly Compensation for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States
IPUUN81232U120000000
Output per Worker for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 81231) in the United States
IPUUN81231W001000000
Hourly Compensation for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320U120000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN8112W010000000), retrieved from FRED.