Sectoral Output Price Deflator for Other Services (Except Public Administration): Hair, Nail, and Skin Care Services (NAICS 81211) in the United States
Index 2017=100
IPUUN81211T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.58
Year-over-Year Change
34.24%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the monthly production of non-durable manufacturing industries in the U.S. It is a key indicator of overall industrial activity and economic health.
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 non-durable manufacturing industries in the United States, including food, beverage, textile, and paper production. It is used by economists and policymakers to assess the strength and direction of the industrial sector.
Methodology
The index is calculated by the U.S. Federal Reserve based on monthly survey data from manufacturing facilities.
Historical Context
Trends in the Index 2017=100 are closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The index has a base year of 2017, with a value of 100.
- Non-durable manufacturing accounts for over half of total U.S. industrial production.
- The index reached an all-time high of 108.1 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production volume of non-durable manufacturing industries in the United States, including food, beverage, textile, and paper products.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of overall industrial activity and economic health, providing insights into the strength and direction of the manufacturing sector.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on monthly survey data from manufacturing facilities.
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 institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with a typical one-month delay in the data.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN81211T050000000), retrieved from FRED.