Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Montana
Quarterly, Seasonally Adjusted
MTMNGCOENTPRQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148.70
Year-over-Year Change
7.55%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures manufacturing output in the United States. It serves as a key indicator of the health and productivity of the US 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
This economic trend tracks the quarterly, seasonally adjusted value of manufacturing output in the United States. It is an important measure of industrial activity and a leading indicator for the broader economy.
Methodology
The data is collected through surveys of manufacturing establishments and calculated by the US Federal Reserve.
Historical Context
Policymakers and analysts use this metric to assess the state of the US manufacturing industry and its impact on overall economic performance.
Key Facts
- Manufacturing accounts for approximately 11% of US GDP.
- The US is the world's second-largest manufacturer behind China.
- Quarterly manufacturing output has increased by 23% since 2009.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted value of manufacturing output in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the health and productivity of the US industrial sector, which is a significant driver of overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated by the US Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the US manufacturing industry and its impact on the broader economy, informing decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay to allow for comprehensive data collection and analysis.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (MTMNGCOENTPRQQGSP), retrieved from FRED.