Seasonally Adjusted
PBF8QSADC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205.00
Year-over-Year Change
9.04%
Date Range
7/1/2004 - 10/1/2019
Summary
The Seasonally Adjusted series measures the change in U.S. manufacturing production, adjusting for typical seasonal patterns. It is a key indicator of the health and direction of the U.S. industrial 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
The Seasonally Adjusted manufacturing production index tracks month-over-month changes in total output from U.S. factories, mines, and utilities. It is a widely followed metric used by economists, policymakers, and investors to gauge the strength of the manufacturing sector.
Methodology
The Federal Reserve calculates this index based on data collected from monthly surveys of U.S. industrial production.
Historical Context
Trends in the Seasonally Adjusted index help inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2017 as its base year.
- Durable goods account for over half of the index's weight.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted manufacturing production index tracks monthly changes in total output from U.S. factories, mines, and utilities, with adjustments for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and direction of the U.S. industrial economy, providing insight into manufacturing sector performance that informs economic policy and investment decisions.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates this index based on data collected through monthly surveys of industrial production across the United States.
Q: How is this trend used in economic policy?
A: Trends in the Seasonally Adjusted manufacturing production index help guide monetary and fiscal policy decisions by providing a real-time snapshot of the strength of the U.S. industrial base.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted index is released monthly by the Federal Reserve, with a typical one-month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (PBF8QSADC), retrieved from FRED.