Infra-Annual Labor Statistics: Inactivity Rate Male: From 55 to 64 Years for Austria
Quarterly, Seasonally Adjusted
LRIN55MAATQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.29
Year-over-Year Change
-6.45%
Date Range
1/1/1999 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' economic trend measures the level of industrial production in the U.S. manufacturing sector, a key indicator of economic health and business activity.
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 index tracks the monthly output of factories, mines, and utilities, providing insight into the performance and utilization of the nation's industrial capacity. It is a widely referenced gauge of the manufacturing economy and an important input for policymakers and analysts.
Methodology
The data is collected through surveys of industrial facilities and calculated using a base-weighted formula.
Historical Context
The industrial production index is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2017 as its base year with a value of 100.
- Manufacturing accounts for about 75% of the total industrial production index.
- The index experienced a sharp decline during the 2020 COVID-19 recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted industrial production index tracks the monthly output of the U.S. manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and performance of the industrial economy, providing insight into business activity, capacity utilization, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated using a base-weighted formula.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LRIN55MAATQ156S), retrieved from FRED.