Production: Industry: Total
OECDPRINTO01GPSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-382.48%
Date Range
2/1/1975 - 5/1/2025
Summary
The 'Production: Industry: Total' trend measures the overall output of the industrial sector in the United States. It is a key indicator of economic activity and performance.
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 industrial production index tracks changes in the total volume of goods produced by the U.S. manufacturing, mining, and utilities sectors. It is widely used by economists and policymakers to assess the health and direction of the domestic economy.
Methodology
The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD).
Historical Context
The industrial production index is a critical input for analyzing monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2015 = 100.
- Manufacturing accounts for over 75% of the total index.
- The index reached an all-time high of 110.7 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Industry: Total' index measures the overall output of the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and direction of the domestic economy, providing insights into industrial activity and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on production volumes across various industrial sectors.
Q: How is this trend used in economic policy?
A: The industrial production index is a critical input for monetary and fiscal policy decisions, as it reflects the strength and dynamics of the U.S. economy.
Q: Are there update delays or limitations?
A: The industrial production data is released monthly by the OECD, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Production: Industry: Total (OECDPRINTO01GPSAM), retrieved from FRED.