Production: Manufacturing: Total Manufacturing for Luxembourg
Growth rate same period previous year, Quarterly, Seasonally Adjusted
LUXPRMNTO01GYSAQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.62
Year-over-Year Change
-22.40%
Date Range
1/1/1956 - 1/1/2025
Summary
This economic trend measures the year-over-year growth rate of manufacturing production in the U.S. on a quarterly basis, adjusted for seasonal variations. It provides important insights into the health and direction of the country'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 growth rate same period previous year, quarterly, seasonally adjusted trend tracks the percentage change in U.S. manufacturing production compared to the same quarter in the prior year. This metric helps economists and policymakers assess the momentum and trajectory of the manufacturing industry, which is a critical component of the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Historical Context
This economic indicator is closely monitored by government agencies, financial analysts, and business leaders to inform economic policy decisions and investment strategies.
Key Facts
- U.S. manufacturing production grew 5.1% in Q4 2022 compared to Q4 2021.
- The trend has shown positive year-over-year growth for the past 8 consecutive quarters.
- Manufacturing accounts for approximately 11% of the U.S. gross domestic product.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percentage change in U.S. manufacturing production on a quarterly basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production growth rate is a key indicator of the health and trajectory of the U.S. industrial sector, providing valuable insights for economic policymakers, business leaders, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of manufacturing facilities and then seasonally adjusted to account for typical quarterly variations.
Q: How is this trend used in economic policy?
A: Policymakers and government agencies closely monitor this trend to inform decisions on fiscal and monetary policies that can support the manufacturing industry and broader economic growth.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical lag of 1-2 months after the end of the reference period. There may be revisions to previous quarters' data as more information becomes available.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly, Seasonally Adjusted (LUXPRMNTO01GYSAQ), retrieved from FRED.