Employment for Other Services (Except Public Administration): Civic and Social Organizations (NAICS 8134) in the United States
Percent Change from Year Ago
IPUUN8134W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
1566.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year percentage change in industrial production. This key indicator provides insight into the overall health and direction of the U.S. manufacturing 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
This industrial production index tracks changes in the total output of manufacturing, mining, and electric and gas utilities in the United States. It is a widely-watched economic indicator used by policymakers, analysts, and investors to assess the state of the economy.
Methodology
The Federal Reserve collects and calculates this index based on monthly surveys of industrial facilities across the country.
Historical Context
Trends in industrial production are closely monitored for their implications on employment, consumer spending, and overall economic growth.
Key Facts
- The industrial production index reached a record high in 2021.
- Manufacturing makes up about 75% of the total industrial production index.
- The index is a key input for calculating GDP growth.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend measures the year-over-year percentage change in the total industrial production of manufacturing, mining, and utilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the overall health and direction of the U.S. manufacturing sector, which is a crucial driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The Federal Reserve collects monthly survey data from industrial facilities across the country and calculates the industrial production index.
Q: How is this trend used in economic policy?
A: Trends in industrial production are closely monitored by policymakers, economists, and investors for their implications on employment, consumer spending, and overall economic growth.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a typical lag of around one month.
Related Trends
Employment for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 8133) in the United States
IPUUN8133W010000000
Labor Compensation for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States
IPUUN812310U110000000
Employment for Other Services (Except Public Administration): Repair and Maintenance (NAICS 811) in the United States
IPUUN811W200000000
Hours Worked for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 8133) in the United States
IPUUN8133L010000000
Hours Worked for Other Services (Except Public Administration): Religious Organizations (NAICS 813110) in the United States
IPUUN813110L201000000
Hours Worked for Other Services (Except Public Administration): Grantmaking and Giving Services (NAICS 81321) in the United States
IPUUN81321L010000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUUN8134W201000000), retrieved from FRED.