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Growth rate previous period, Quarterly, Seasonally Adjusted

MANMM101INQ657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-0.31

Year-over-Year Change

-111.27%

Date Range

7/1/1951 - 1/1/2025

Summary

This economic trend measures the quarter-over-quarter growth rate of manufacturing production in the United States, adjusted for seasonal factors. It is a key indicator of the health and momentum of the U.S. 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 manufacturing production growth rate tracks changes in the volume of goods produced by U.S. factories, mills, and workshops on a quarterly basis. Economists and policymakers closely monitor this metric to assess the strength of the manufacturing economy and broader industrial activity.

Methodology

The data is collected through surveys of manufacturing establishments and calculated as the percent change from the prior quarter.

Historical Context

The manufacturing growth rate provides insight into the performance of a critical segment of the U.S. economy and can inform monetary and fiscal policy decisions.

Key Facts

  • Manufacturing accounts for over 11% of U.S. GDP.
  • The sector employs over 12 million American workers.
  • Growth in manufacturing boosts incomes and consumer spending.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the quarter-over-quarter percent change in U.S. manufacturing production, adjusted for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: The manufacturing growth rate is a critical indicator of industrial activity and economic momentum that informs business planning, monetary policy, and market analysis.

Q: How is this data collected or calculated?

A: The data is gathered through surveys of manufacturing establishments and calculated as the percent change from the prior quarter.

Q: How is this trend used in economic policy?

A: Policymakers and central banks monitor manufacturing growth to assess the health of the industrial sector and broader economy, which can inform decisions on interest rates, stimulus, and other policy tools.

Q: Are there update delays or limitations?

A: The manufacturing growth data is released quarterly with a lag of approximately one month, so it may not fully reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Quarterly, Seasonally Adjusted (MANMM101INQ657S), retrieved from FRED.