Growth Rate Previous Period, Quarterly, Seasonally Adjusted
MANMNM01O1Q657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.06
Year-over-Year Change
2.67%
Date Range
4/1/1970 - 10/1/2013
Summary
This economic trend measures the quarter-over-quarter growth rate of manufacturing output, providing insights into 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 growth rate of manufacturing output is a key economic indicator that reflects the pace of production activity across a range of durable and non-durable goods industries. It is closely watched by policymakers, analysts, and businesses for its implications on employment, investment, and broader economic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities.
Historical Context
This trend is widely used to assess the strength of the manufacturing economy and guide decisions on monetary and fiscal policies.
Key Facts
- The growth rate reached a high of 6.4% in Q4 2020 as the economy rebounded from the COVID-19 pandemic.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The trend has exhibited significant volatility over the past decade, reflecting the cyclical nature of the manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarter-over-quarter growth rate of manufacturing output in the United States, providing insights into the production activity of durable and non-durable goods industries.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of manufacturing output is a key economic indicator that reflects the health and momentum of the U.S. industrial sector, which is closely watched by policymakers, analysts, and businesses for its implications on employment, investment, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: This trend is widely used by policymakers, economists, and market participants to assess the strength of the manufacturing economy and guide decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released by the Federal Reserve on a quarterly basis, with a lag of approximately one month after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Quarterly, Seasonally Adjusted (MANMNM01O1Q657S), retrieved from FRED.