Infra-Annual Labor Statistics: Persons Outside the Labor Force Total: 15 Years or over for Australia
Monthly, Seasonally Adjusted
LFINTTTTAUM647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,503,142.00
Year-over-Year Change
1.34%
Date Range
2/1/1978 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' trend measures the percentage change in U.S. total industrial production, a key indicator of economic activity and manufacturing output.
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 monthly industrial production index tracks the real output of manufacturing, mining, and electric and gas utilities sectors. It is a widely watched metric used by policymakers, analysts, and businesses to gauge the health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The industrial production index informs policy decisions and is closely monitored by the Federal Reserve.
Key Facts
- The index is based on 2017 as the base year of 100.
- Industrial production fell sharply during the COVID-19 pandemic but has since recovered.
- The manufacturing sector accounts for the largest component of the industrial production index.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the percentage change in total U.S. industrial production, covering manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key indicator of economic activity and a widely watched metric used by policymakers, analysts, and businesses to gauge the health of the U.S. economy.
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: The industrial production index informs policy decisions and is closely monitored by the Federal Reserve to assess the state of the U.S. economy.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve with a short lag, providing timely insights into the state of the U.S. economy.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LFINTTTTAUM647S), retrieved from FRED.