Labor Compensation for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
Index 2017=100
IPUUN811420U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.88
Year-over-Year Change
16.47%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of the manufacturing sector in the United States. It is a key indicator of economic growth and industrial 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 Index 2017=100 is a monthly index that tracks changes in the total industrial production of the U.S. manufacturing sector. It is used by economists and policymakers to assess the health and performance of the broader economy.
Methodology
The data is collected through surveys of manufacturing facilities and calculated by the U.S. Federal Reserve.
Historical Context
The Index 2017=100 provides important insights into consumer demand, business investment, and overall macroeconomic conditions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It covers a broad range of manufacturing industries, from durable goods to non-durable goods.
- The index is a reliable leading indicator of the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total industrial production of the U.S. manufacturing sector on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of economic growth and industrial activity, providing insights into consumer demand, business investment, and overall macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by economists, policymakers, and market analysts to assess the health and performance of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release delay of around two weeks.
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Real Sectoral Output for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
IPUUN811420T010000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN811420U110000000), retrieved from FRED.