Labor Productivity for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
Index 2017=100
IPUUN812210L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.44
Year-over-Year Change
2.56%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures changes in the volume of total industrial production, including manufacturing, mining, and utilities, in the United States. This trend is a key indicator of economic activity and a vital tool for policymakers and analysts.
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 Federal Reserve economic indicator that tracks the total volume of goods produced in the U.S. industrial sector, which comprises manufacturing, mining, and utilities. It is a widely used metric for gauging the health and direction of the overall economy.
Methodology
The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve, economists, and market analysts to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- The index has a base year of 2017, set to 100.
- Industrial production accounts for approximately 20% of U.S. GDP.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total 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 economic activity and a vital tool for policymakers and analysts to assess the strength and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve, economists, and market analysts to inform policy decisions and assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve with no significant update delays.
Related Trends
Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320T010000000
Hours Worked for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States
IPUUN81232L010000000
Real Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States
IPUUN812310T010000000
Output per Worker for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292W001000000
Hours Worked for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 81221) in the United States
IPUUN81221L201000000
Employment for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292W010000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN812210L000000000), retrieved from FRED.