Net Operating Income, U.S. Steel Corporations for United States
M0907BUSM174NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,081.00
Year-over-Year Change
-73.92%
Date Range
1/1/1924 - 12/1/1931
Summary
The Net Operating Income for U.S. Steel Corporations measures the profitability of the U.S. steel industry, a key indicator of economic health and manufacturing activity.
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
This metric represents the total revenue minus operating expenses for U.S. steel producers. It provides insight into the financial performance and competitiveness of the domestic steel sector, which is strategically important for industries like construction, automotive, and machinery.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of major steel companies.
Historical Context
Analysts and policymakers monitor this trend to assess the state of U.S. manufacturing and guide economic and trade policies.
Key Facts
- Steel is a foundational material for many industries.
- U.S. steel production has declined since the 1970s.
- Trade policies can significantly impact the steel sector.
FAQs
Q: What does this economic trend measure?
A: This metric measures the net operating income or profitability of U.S. steel corporations, providing insight into the financial health of the domestic steel industry.
Q: Why is this trend relevant for users or analysts?
A: The steel industry is a strategically important manufacturing sector, so this trend is closely watched by analysts, policymakers, and industry stakeholders to assess broader economic conditions and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of major steel companies operating in the United States.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials monitor this metric to inform decisions around policies that can impact the steel industry, such as tariffs, subsidies, and trade agreements.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and may be subject to revisions as more complete information becomes available from surveyed companies.
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Citation
U.S. Federal Reserve, Net Operating Income, U.S. Steel Corporations for United States (M0907BUSM174NNBR), retrieved from FRED.