Monetary Aggregates and Their Components: Narrow Money and Components: M1 and Components: M1 for OECD: Europe
Index 2015=100, Monthly
OECDEMANMM101IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
152.30
Year-over-Year Change
5.82%
Date Range
1/1/1980 - 12/1/2019
Summary
This economic indicator tracks monthly changes in demand for manufactured goods in the United States. It is a key measure of overall economic activity and consumer confidence.
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 Demand for Manufactured Goods Index provides a snapshot of the strength of domestic and international demand for U.S. manufactured products. It is used by policymakers, economists, and market analysts to assess the health of the manufacturing sector and broader economic trends.
Methodology
The index is calculated based on monthly surveys of purchasing managers in the manufacturing industry.
Historical Context
The demand for manufactured goods is closely watched as an early indicator of economic growth or contraction.
Key Facts
- The index is based on 2015 as the base year.
- It tracks demand for both durable and non-durable manufactured goods.
- The index provides a timely signal of changes in the manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: The Index of Demand for Manufactured Goods measures monthly changes in the level of demand for manufactured products in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insight into the health of the manufacturing sector and overall economic activity, making it a closely watched metric by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of purchasing managers in the manufacturing industry.
Q: How is this trend used in economic policy?
A: Changes in the demand for manufactured goods are closely monitored by the Federal Reserve and other policymakers as an early signal of economic expansion or contraction, informing monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is released on a monthly basis with a relatively short lag, providing timely data on manufacturing demand trends.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for OECD Europe
OECDECPALTT01GYQ
Leading Indicators OECD: Leading indicators: CLI: Trend restored for OECD - Europe
OECDELOLITOTRGYSAM
Sales: Retail Trade: Total Retail Trade: Volume for OECD: Europe
OECDESLRTTO01GYSAM
Leading Indicators OECD: Reference series: Gross Domestic Product (GDP): Ratio to trend for OECD - Europe
OECDELORSGPRTSTSAM
Labor Compensation: Earnings: Manufacturing: Hourly for OECD: Europe
OECDELCEAMN01GPSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Food and Non-Alcoholic Beverages for OECD Europe
OECDECP010000GYQ
Citation
U.S. Federal Reserve, Index 2015=100, Monthly (OECDEMANMM101IXOBSAM), retrieved from FRED.