Employment for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 81131) in the United States
Index 2017=100
IPUUN81131W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.44
Year-over-Year Change
17.76%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 is a key industrial production metric that tracks the output of U.S. manufacturing, mining, and utility sectors. It serves as an important leading indicator for the overall health of the 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 is a monthly economic indicator produced by the Federal Reserve that measures the real output of the U.S. industrial sector. It is a broad-based index used to monitor trends in production across manufacturing, mining, and utilities.
Methodology
The index is calculated based on data collected through surveys of industrial facilities across the country.
Historical Context
The Index 2017=100 is closely watched by economists, policymakers, and market analysts as an early signal of economic momentum and potential inflationary pressures.
Key Facts
- The index has a base year of 2017 = 100.
- It covers around 75% of total industrial activity in the U.S.
- The index reached a record high of 107.5 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the real output of the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is an important leading indicator of overall economic health and can signal potential inflationary pressures.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data collected from industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor the Index 2017=100 as an early signal of economic conditions and direction.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical 2-week lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN81131W010000000), retrieved from FRED.