Gross Domestic Product: Information (51) in Maine
Quarterly, Seasonally Adjusted Annual Rate
MEINFONQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,784.90
Year-over-Year Change
10.50%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic indicator measures U.S. manufacturing output on a quarterly basis, adjusted for seasonal variations. It provides insight into the overall health and productivity 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 Quarterly, Seasonally Adjusted Annual Rate (MEINFONQGSP) tracks the total dollar value of manufactured goods produced in the United States, expressed as an annualized rate. This metric is widely used by economists and policymakers to analyze trends in industrial production and monitor the strength of the manufacturing economy.
Methodology
The data is collected through surveys of manufacturing establishments and compiled by the U.S. Federal Reserve.
Historical Context
Analysts and decision-makers use this indicator to inform economic policy, investment strategies, and forecasting.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The U.S. is the world's second-largest manufacturer after China.
- Quarterly manufacturing output has grown by an average of 2.5% per year since 2010.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MEINFONQGSP) tracks the total value of manufactured goods produced in the United States on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the overall health and productivity of the U.S. manufacturing sector, which is a key driver of economic growth. It is widely used by economists, policymakers, and investors to monitor industrial activity and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this indicator to assess the state of the manufacturing economy, inform economic policy decisions, and develop forecasts for industrial production and overall economic growth.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted Annual Rate is published by the Federal Reserve on a regular schedule, with a delay of approximately one month after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MEINFONQGSP), retrieved from FRED.