Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
Millions of Dollars
IPUUN812320T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,674.09
Year-over-Year Change
4.88%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures the total value of industrial production, including mining, manufacturing, and utilities, in millions of dollars for the United States.
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 metric provides a broad indicator of the overall health and output of the U.S. industrial sector. It is a key statistic used by economists and policymakers to analyze industrial activity and economic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
This industrial production trend is closely watched by markets and institutions for insights into the trajectory of the broader economy.
Key Facts
- The industrial sector accounts for approximately 20% of U.S. GDP.
- Manufacturing makes up the largest component of industrial production.
- Fluctuations in this metric can signal changes in business investment and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of industrial production, including mining, manufacturing, and utilities, in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Millions of Dollars metric is a key indicator of the health and output of the U.S. industrial sector, providing insights into broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: This industrial production trend is closely monitored by markets, economists, and policymakers to assess the trajectory of the broader economy.
Q: Are there update delays or limitations?
A: The Millions of Dollars data is released monthly with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Millions of Dollars (IPUUN812320T300000000), retrieved from FRED.