Public Construction (Constant Dollars) for United States
Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted
M0294BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,601.00
Year-over-Year Change
7.12%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic indicator measures the value of U.S. industrial production in millions of 1957-1959 dollars, adjusted for seasonal variations. It provides insights into the health and output of the broader 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 industrial production index tracks the real output of manufacturing, mining, and electric and gas utilities industries in the United States. It is a key gauge of economic activity and an important input for policymakers and analysts monitoring the business cycle.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Policymakers and investors closely follow this index to assess the momentum and direction of the U.S. economy.
Key Facts
- The index uses 1957-1959 as its base year.
- Mining, manufacturing, and utilities are the three major industry groups tracked.
- Data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the real (inflation-adjusted) output of the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key gauge of economic activity and an important input for policymakers and analysts monitoring the business cycle.
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: Policymakers and investors closely follow this index to assess the momentum and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with no significant update delays.
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Citation
U.S. Federal Reserve, Millions of 1957-1959 Dollars, Monthly, Seasonally Adjusted (M0294BUSM382SNBR), retrieved from FRED.