Public New Construction Activity, Highways, Value in Constant Prices for United States
Millions of 1957-1959 Dollars, Seasonally Adjusted
M0298BUSM382SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,543.00
Year-over-Year Change
5.06%
Date Range
1/1/1946 - 12/1/1963
Summary
This economic trend measures the value of U.S. industrial production in millions of 1957-1959 dollars, adjusted for seasonal variations. It is a key indicator of the health and growth 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 Millions of 1957-1959 Dollars, Seasonally Adjusted trend represents the Federal Reserve's monthly index of U.S. industrial production, measuring the real output of the manufacturing, mining, and electric and gas utility industries. It is a widely followed metric for evaluating the strength of the American economy.
Methodology
The data is collected through surveys of industrial facilities and calculated using a comprehensive index methodology.
Historical Context
This industrial production trend is closely monitored by policymakers, analysts, and investors for insights into the business cycle and economic conditions.
Key Facts
- The industrial production index was first published in 1919.
- The index uses 2017 as the base year for calculating production levels.
- Manufacturing accounts for over 75% of the total industrial production index.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output of the U.S. manufacturing, mining, and utility industries, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key indicator of the health and growth of the American economy, providing insights into the strength of the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated using a comprehensive index methodology by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and investors closely monitor this industrial production trend to gauge the business cycle and overall economic conditions.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the Federal Reserve, with a typical one-month lag between the reference period and publication.
Related Trends
Total Value of New Buildings Erected for Ohio
A02284US000OHA550NNBR
Gross State and Local Government Highway Construction for United States
A02263USA398NNBR
Number of Residential Buildings Constructed and Inspected for Berlin, Germany
M0080ADE00BERM470NNBR
Number of Rooms in Plans Passed for Residential Buildings for Glasgow, Great Britain
A0271DGB00GLWA495NNBR
Gross Private Domestic Investment in Structures for United States
Q0255CUSQ398SNBR
Value of Permits for Residential Buildings for Philadelphia, PA
A02054US37980A550NNBR
Citation
U.S. Federal Reserve, Millions of 1957-1959 Dollars, Seasonally Adjusted (M0298BUSM382SNBR), retrieved from FRED.