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Growth rate previous period, Annual, Seasonally Adjusted

MANMM101RUA657S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16.91

Year-over-Year Change

-33.35%

Date Range

1/1/1996 - 1/1/2022

Summary

This economic trend measures the annual growth rate of manufacturing shipments in the United States, adjusted for seasonal variations. It is a key indicator of the health and momentum 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 growth rate previous period, annual, seasonally adjusted metric tracks year-over-year changes in the value of manufacturing shipments, providing insights into the production and demand dynamics of U.S. factories. Economists and policymakers monitor this indicator to assess the broader state of the economy.

Methodology

The data is collected and calculated by the U.S. Census Bureau through monthly surveys of manufacturing establishments.

Historical Context

This indicator is widely used to inform economic policy decisions and analyze industrial market conditions.

Key Facts

  • Manufacturing shipments account for over 11% of U.S. GDP.
  • The growth rate reached a high of 20.3% in April 2021.
  • Declines in this indicator can signal an economic slowdown.

FAQs

Q: What does this economic trend measure?

A: This trend measures the year-over-year growth rate of manufacturing shipments in the United States, adjusted for seasonal variations.

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

A: This indicator provides valuable insights into the health and momentum of the U.S. manufacturing sector, which is a crucial driver of economic growth and a key focus for policymakers.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through monthly surveys of manufacturing establishments.

Q: How is this trend used in economic policy?

A: Analysts and policymakers closely monitor this indicator to assess the state of the broader economy and inform policy decisions, such as interest rate adjustments and industrial support programs.

Q: Are there update delays or limitations?

A: The data is released monthly by the Census Bureau, with a typical delay of around 4-6 weeks. There may be revisions to previous months' figures as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (MANMM101RUA657S), retrieved from FRED.