Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for Turkey
Growth rate previous period, Monthly, Seasonally Adjusted
MANMM101TRM657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.35
Year-over-Year Change
-415.46%
Date Range
2/1/1960 - 12/1/2018
Summary
The 'Growth rate previous period, Monthly, Seasonally Adjusted' series measures the month-over-month percent change in manufacturing output, providing a timely indicator of the health 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
This economic indicator tracks the monthly change in manufacturing production, a crucial component of the broader industrial economy. It is widely used by economists and policymakers to gauge the pace of manufacturing activity and assess broader macroeconomic trends.
Methodology
The data is collected through surveys of manufacturing firms and calculated as the percent change from the previous month's manufacturing output level.
Historical Context
The manufacturing growth rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The manufacturing sector accounts for about 11% of U.S. GDP.
- Manufacturing growth tends to lead broader economic growth.
- The U.S. is the world's second-largest manufacturer after China.
FAQs
Q: What does this economic trend measure?
A: The 'Growth rate previous period, Monthly, Seasonally Adjusted' series measures the month-over-month percent change in manufacturing output in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides a timely and important signal about the health of the U.S. industrial sector, which is a key driver of overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms and calculated as the percent change from the previous month's manufacturing output level.
Q: How is this trend used in economic policy?
A: The manufacturing growth rate is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely information about the state of the manufacturing sector.
Related Trends
Production, Sales, Work Started and Orders: Passenger Car Registrations: Economic Activity: Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles for Turkiye
TURSACRMISMEI
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Turkiye
TURCP080000GYM
Balance of Payments: Other Investment: Liabilities (or Net Incurrence of Liabilities) for Turkiye
TURB6FAOI03CXCUQ
National Accounts: GDP by Expenditure: Constant Prices: Gross Fixed Capital Formation for Turkey
NAEXKP04TRQ652S
Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Turkey
TURFCRODCHPENUM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Education for Turkiye
TURCPHP1000IXOBM
Citation
U.S. Federal Reserve, Growth rate previous period, Monthly, Seasonally Adjusted (MANMM101TRM657S), retrieved from FRED.