Private Commercial, Industrial, and Public Utility Construction (Constant Dollars) for United States
Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted
M0267BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,100.00
Year-over-Year Change
4.88%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic indicator measures U.S. industrial production in millions of 1957-1959 dollars on a monthly, seasonally adjusted basis. It serves as a key gauge of the health and momentum of the broader U.S. economy.
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 industrial production index tracks changes in the real output of manufacturing, mining, and electric and gas utilities industries in the United States. It is a widely followed metric that provides insight into broader economic trends and the state of the industrial sector.
Methodology
The Federal Reserve collects and aggregates data from various industrial sources to calculate this seasonally adjusted index.
Historical Context
Policymakers and analysts closely monitor this index to assess the overall strength of the U.S. economy and inform economic decision-making.
Key Facts
- The industrial production index uses 1957-1959 as its base year.
- This metric covers a range of industries, including manufacturing, mining, and utilities.
- Seasonal adjustments help account for regular fluctuations in industrial activity.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the real output of U.S. industries, including manufacturing, mining, and utilities, on a monthly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a widely followed metric that provides insight into the overall health and momentum of the U.S. economy, making it relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and aggregates data from various industrial sources to calculate this seasonally adjusted index.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the industrial production index to assess the strength of the U.S. economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve, with a typical release delay of around two weeks.
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Citation
U.S. Federal Reserve, Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted (M0267BUSM382SNBR), retrieved from FRED.