Index 2005=1, Monthly, Seasonally Adjusted
MANMNM01EEM661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.57
Year-over-Year Change
16.96%
Date Range
2/1/1993 - 12/1/2010
Summary
The Manufacturing Production Index measures the monthly volume of production output for the U.S. manufacturing sector. This key economic indicator provides insight into the health and momentum of the manufacturing industry.
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 Index is a seasonally adjusted measure of the physical volume of output produced by the U.S. manufacturing sector. It is a widely followed metric used to assess manufacturing activity and evaluate the overall state of the economy.
Methodology
The index is calculated by the Federal Reserve based on a survey of production data from manufacturing facilities across the country.
Historical Context
The Manufacturing Production Index is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and inform policy decisions.
Key Facts
- The index has a base year of 2005 = 1.
- Manufacturing accounts for about 11% of U.S. GDP.
- The index reached an all-time high of 116.7 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Manufacturing Production Index measures the monthly volume of physical output produced by the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a key economic indicator that provides insights into the health and momentum of the manufacturing industry, which is an important component of the U.S. economy.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on a survey of production data from manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: The Manufacturing Production Index is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Index 2005=1, Monthly, Seasonally Adjusted (MANMNM01EEM661S), retrieved from FRED.