Growth Rate Previous Period, Annual, Not Seasonally Adjusted
MANMNM01CZA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.45
Year-over-Year Change
-34.12%
Date Range
1/1/1995 - 1/1/2013
Summary
This trend measures the annual growth rate of manufacturing production in the United States, unadjusted for seasonal variations. It provides insight into the overall health and momentum 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 growth rate previous period, annual, not seasonally adjusted metric represents the year-over-year change in manufacturing output. It is a key indicator of the manufacturing industry's performance and can signal shifts in economic conditions and production levels.
Methodology
This data is collected by the U.S. Federal Reserve through surveys of manufacturing facilities.
Historical Context
Policymakers and analysts use this metric to assess the strength of the manufacturing sector and its contribution to the broader U.S. economy.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The U.S. is the world's second-largest manufacturing economy.
- Manufacturing productivity has increased by over 2.5x since the 1980s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of manufacturing production in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing growth rate is a key indicator of the health and momentum of the U.S. industrial sector, providing insights into economic conditions and production levels.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of the manufacturing sector and its contribution to the broader U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (MANMNM01CZA657S), retrieved from FRED.