Real Sectoral Output for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 81221) in the United States
Index 2017=100
IPUUN81221T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
106.00
Year-over-Year Change
7.13%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the total output of the U.S. manufacturing sector, providing 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 widely followed metric that tracks the volume of manufacturing production over time. It serves as a barometer for the health and performance of the U.S. industrial economy.
Methodology
The Federal Reserve calculates this index based on a comprehensive survey of manufacturing facilities across the country.
Historical Context
The Index 2017=100 is closely monitored by policymakers, economists, and investors to gauge the momentum of the U.S. economy.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It covers a broad range of manufacturing sectors, from durable to non-durable goods.
- The index is a leading indicator of overall economic activity in the United States.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of manufacturing output in the United States, providing a comprehensive gauge of industrial production.
Q: Why is this trend relevant for users or analysts?
A: The index is a crucial indicator of the health and performance of the U.S. manufacturing sector, which is a significant driver of economic growth and a key focus for policymakers and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this index based on a monthly survey of manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely monitor the Index 2017=100 to assess the overall state of the U.S. economy and guide their decisions on monetary and fiscal policies.
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 a month from the reference period.
Related Trends
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IPUUN81231T051000000
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IPUUN812210U101000000
Sectoral Output Price Deflator for Other Services (Except Public Administration): Personal Care Services (NAICS 8121) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN81221T010000000), retrieved from FRED.