Chain-Type Quantity Index for Real GDP: Durable Goods Manufacturing (321, 327-339) in Minnesota
Quarterly, Seasonally Adjusted
MNDURMANQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.97
Year-over-Year Change
-1.49%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' series measures the value of manufacturing and trade sales, a key indicator of economic activity and demand. It is closely watched by economists and policymakers to gauge the health of the U.S. economy.
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 data series tracks the total value of sales for the manufacturing and trade sectors in the United States on a quarterly, seasonally adjusted basis. It provides insights into consumer and business spending patterns, production trends, and overall economic performance.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this metric to inform decisions and forecasts related to monetary policy, fiscal policy, and investment strategies.
Key Facts
- Manufacturing and trade sales account for over 75% of U.S. GDP.
- Quarterly sales data is released approximately 6 weeks after the end of each quarter.
- The series is seasonally adjusted to account for regular fluctuations throughout the year.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of sales for the manufacturing and trade sectors in the United States on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing and trade sales are a key indicator of economic activity and consumer/business spending patterns, making this metric closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to inform decisions and forecasts related to monetary policy, fiscal policy, and investment strategies.
Q: Are there update delays or limitations?
A: Quarterly sales data is released approximately 6 weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (MNDURMANQQGSP), retrieved from FRED.