Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Canada
Growth rate previous period, Annual, Seasonally Adjusted
MANMM101CAA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.76
Year-over-Year Change
-71.33%
Date Range
1/1/1956 - 1/1/2024
Summary
This economic trend measures the annual, seasonally adjusted growth rate of manufacturing output compared to the previous period. It provides important insights into the health and performance of the U.S. 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 manufacturing growth rate is a key indicator used by economists and policymakers to assess the strength and direction of the industrial economy. It reflects changes in production levels, capacity utilization, and overall manufacturing activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities.
Historical Context
This trend is closely monitored by the Federal Reserve, government agencies, and market analysts to inform economic policy and investment decisions.
Key Facts
- The U.S. manufacturing sector accounts for over 11% of GDP.
- Manufacturing growth has averaged 1.8% annually over the past decade.
- Declines in the growth rate can signal an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted growth rate of manufacturing output in the United States compared to the previous period.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing growth rate is a critical indicator of the health and performance of the industrial economy, providing insights that inform economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: The manufacturing growth rate is closely monitored by the Federal Reserve, government agencies, and market analysts to assess the strength of the industrial sector and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (MANMM101CAA657S), retrieved from FRED.