Private Public Utility Construction, Value in Constant Prices for United States
Millions of 1947-1949 Dollars, Monthly, Not Seasonally Adjusted
M0292AUSM380NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.00
Year-over-Year Change
28.07%
Date Range
1/1/1939 - 12/1/1946
Summary
This economic trend measures the value of total industrial production in the United States, a key indicator of the overall health of the manufacturing 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 Industrial Production Index tracks the monthly output of manufacturing, mining, and electric and gas utilities industries. It is a widely followed metric for assessing the strength of the U.S. economy and can inform monetary and fiscal policy decisions.
Methodology
The data is collected and calculated by the Federal Reserve based on surveys of industrial facilities.
Historical Context
The Industrial Production Index is closely watched by economists, investors, and policymakers to gauge the pace of economic activity.
Key Facts
- The index uses 1947-1949 as its base year of 100.
- Manufacturing accounts for the largest share of the overall index.
- The index reached an all-time high in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production Index measures the monthly output of the U.S. manufacturing, mining, and utilities sectors.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index is a key barometer of the health and direction of the overall U.S. economy, providing insights into manufacturing activity, capacity utilization, and industrial demand.
Q: How is this data collected or calculated?
A: The Federal Reserve collects and calculates the Industrial Production Index based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Industrial Production Index is closely monitored by policymakers, economists, and investors to gauge the pace of economic activity and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Industrial Production Index is released monthly by the Federal Reserve, with a typical delay of around two weeks after the end of the reporting period.
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Citation
U.S. Federal Reserve, Millions of 1947-1949 Dollars, Monthly, Not Seasonally Adjusted (M0292AUSM380NNBR), retrieved from FRED.