Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States

Millions of Dollars

IPUUN812310T300000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,542.53

Year-over-Year Change

51.25%

Date Range

1/1/1987 - 1/1/2022

Summary

This series measures the value of industrial production of selected capital equipment items in millions of dollars on a monthly basis. It is a key indicator of manufacturing activity and investment in the U.S. economy.

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 Millions of Dollars series tracks the monetary value of industrial production for a range of capital goods like machinery, computers, and electronics. This data provides insight into the strength of manufacturing and investment trends across industries.

Methodology

The data is collected through surveys of industrial facilities and compiled by the U.S. Federal Reserve.

Historical Context

Economists and policymakers monitor this metric to assess the health of the manufacturing sector and broader economic conditions.

Key Facts

  • Measures industrial production value in millions of USD.
  • Covers a range of capital goods like machinery and electronics.
  • Provides insight into manufacturing and investment trends.

FAQs

Q: What does this economic trend measure?

A: This series measures the monetary value of industrial production for selected capital equipment items like machinery, computers, and electronics on a monthly basis.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the strength of manufacturing activity and investment trends in the U.S. economy, which are key factors for economists and policymakers to monitor.

Q: How is this data collected or calculated?

A: The data is collected through surveys of industrial facilities and compiled by the U.S. Federal Reserve.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this metric to assess the health of the manufacturing sector and broader economic conditions, which can inform policy decisions.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis with a typical lag of several weeks.

Related Trends

Citation

U.S. Federal Reserve, Millions of Dollars (IPUUN812310T300000000), retrieved from FRED.