Labor Compensation for Private Nonfarm in Delaware
Index 2017=100
IPUZNU110100000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.90
Year-over-Year Change
63.15%
Date Range
1/1/2007 - 1/1/2024
Summary
The Index 2017=100 measures the output of U.S. manufacturing industries. It is a key indicator of economic activity and a valuable resource for policymakers and analysts.
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 monthly production volume of the U.S. manufacturing sector. It is a comprehensive measure of industrial output and an important barometer of the overall health of the economy.
Methodology
The index is calculated by the Federal Reserve based on data from manufacturing establishments.
Historical Context
The Index 2017=100 is widely used by economists, financial analysts, and policymakers to monitor economic trends and guide decision-making.
Key Facts
- The Index 2017=100 has a base year of 2017.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production volume of the U.S. manufacturing sector, providing a comprehensive gauge of industrial output.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator of economic activity and an important resource for policymakers, economists, and financial analysts monitoring the health of the U.S. economy.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on data from manufacturing establishments.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is widely used by policymakers, economists, and analysts to monitor economic trends and guide decision-making related to monetary policy, investment, and economic planning.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve, with minimal delays in publication.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUZNU110100000), retrieved from FRED.