Hours Worked for Other Services (Except Public Administration): Religious Organizations (NAICS 813110) in the United States
Index 2017=100
IPUUN813110L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91.70
Year-over-Year Change
-8.15%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the production output of manufacturing, mining, and electric and gas utility industries in the United States. It serves as a key indicator of the overall health and direction 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 volume of industrial production, reflecting changes in real output. It is a widely followed metric for monitoring the business cycle and assessing the performance of the U.S. economy.
Methodology
The data is collected through surveys of industrial facilities and calculated using a Fisher-weighted average of output indicators.
Historical Context
The Index is closely watched by policymakers, analysts, and investors to gauge the strength of U.S. industrial activity and guide economic decision-making.
Key Facts
- The index has a base year of 2017 = 100.
- It covers a broad range of industrial sectors, including mining and utilities.
- 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 overall 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 the health and direction of the U.S. industrial sector, providing insight into the broader economy and business cycle.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated using a Fisher-weighted average of output indicators.
Q: How is this trend used in economic policy?
A: The Index is closely monitored by policymakers, economists, and investors to assess the strength of U.S. industrial activity and guide economic decision-making.
Q: Are there update delays or limitations?
A: The Index is released monthly by the U.S. Federal Reserve, with a typical delay of around 15 days from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN813110L010000000), retrieved from FRED.