Output per Worker for Other Services (Except Public Administration): Personal Care Services (NAICS 8121) in the United States
Index 2017=100
IPUUN8121W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.58
Year-over-Year Change
34.18%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the volume of manufacturing output in the United States. This metric is a key indicator of industrial activity and overall economic performance.
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 seasonally adjusted time series that tracks changes in the total industrial production of the manufacturing sector. It is widely used by economists and policymakers to assess the health and trajectory of the U.S. economy.
Methodology
The data is collected through monthly surveys of manufacturing facilities and calculated by the Federal Reserve.
Historical Context
Trends in the Index 2017=100 provide insights into consumer demand, business investment, and broader macroeconomic conditions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Manufacturing accounts for about 11% of U.S. GDP.
- The index reached an all-time high of 104.7 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of manufacturing output in the United States. It tracks changes in industrial production across a range of sectors.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a widely followed indicator of the health and direction of the U.S. economy. Changes in manufacturing output provide insights into consumer demand, business investment, and broader economic conditions.
Q: How is this data collected or calculated?
A: The Federal Reserve collects data through monthly surveys of manufacturing facilities and calculates the seasonally adjusted Index 2017=100.
Q: How is this trend used in economic policy?
A: Trends in the Index 2017=100 are closely monitored by policymakers, economists, and market analysts to assess the strength of the economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve with a typical release lag of around six weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN8121W000000000), retrieved from FRED.