Producer Prices Index: Economic Activities: Manufacturing: Total for Sweden
Index 2015=100, Monthly
PIEAMP01SEM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.74
Year-over-Year Change
11.21%
Date Range
1/1/1982 - 2/1/2023
Summary
The 'Index 2015=100, Monthly' trend measures changes in the production of industrial equipment, including machinery, electrical equipment, and transportation equipment. This metric is a key indicator of economic activity and manufacturing health.
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 'Index 2015=100, Monthly' index tracks the monthly production levels of a broad range of industrial equipment, providing insights into the overall state of the manufacturing sector. Economists and policymakers closely monitor this index to gauge industrial activity and assess macroeconomic conditions.
Methodology
The data is collected through surveys of industrial producers and calculated as an index with a base year of 2015.
Historical Context
The industrial equipment production index is a leading indicator used to inform economic policy and business investment decisions.
Key Facts
- The index has a base year of 2015.
- Industrial equipment production accounts for a significant portion of overall manufacturing activity.
- The index is a leading indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2015=100, Monthly' trend measures changes in the production of industrial equipment, including machinery, electrical equipment, and transportation equipment.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic activity and manufacturing health, providing insights into the overall state of the industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and calculated as an index with a base year of 2015.
Q: How is this trend used in economic policy?
A: The industrial equipment production index is a leading indicator used to inform economic policy and business investment decisions.
Q: Are there update delays or limitations?
A: The index is reported on a monthly basis, with some potential for update delays due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Index 2015=100, Monthly (PIEAMP01SEM661N), retrieved from FRED.