Sectoral Output Price Deflator for Other Services (Except Public Administration): Drycleaning and Laundry Services (NAICS 8123) in the United States
Index 2017=100
IPUUN8123T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.06
Year-over-Year Change
32.75%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of manufacturing output in the United States. It is a key indicator of the health and productivity of the U.S. industrial sector.
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 tracks the total output of the U.S. manufacturing industry, with the year 2017 serving as the base year at an index value of 100. It provides an objective measure of the overall level of manufacturing activity in the country.
Methodology
The index is calculated by the U.S. Federal Reserve based on detailed production data from manufacturing facilities.
Historical Context
Policymakers and economists closely monitor the Index 2017=100 to assess the strength of the U.S. economy and guide fiscal and monetary policies.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It covers a range of manufacturing industries, from durable to non-durable goods.
- The index is released monthly by the U.S. Federal Reserve.
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 key indicator of the health and productivity of the U.S. manufacturing sector, which is a critical driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on detailed production data collected from manufacturing facilities nationwide.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Index 2017=100 to assess the strength of the U.S. economy and guide fiscal and monetary policies accordingly.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve, with a typical delay of around one month from the end of the reference period.
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Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320T010000000
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IPUUN811420T011000000
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IPUUN81142U110000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN8123T050000000), retrieved from FRED.