Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Electricity, Gas, Steam, and Air Conditioning Supply for Hungary
Annual, Not Seasonally Adjusted
PREND401HUA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88.85
Year-over-Year Change
-17.56%
Date Range
1/1/1992 - 1/1/2023
Summary
This economic trend measures the annual, not seasonally adjusted production and related indexes for electronic parts manufacturing in the United States. It provides important insights into the health and dynamics of this critical 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
The annual, not seasonally adjusted production and related indexes for electronic parts manufacturing represent the output and activity levels of companies engaged in producing electronic components and devices. This data is used by economists and policymakers to analyze trends in a key high-tech industry and its contribution to the broader manufacturing economy.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This industrial production index is closely watched by analysts for signals about consumer and business demand, as well as the global competitiveness of the U.S. electronics industry.
Key Facts
- The electronic parts manufacturing industry accounts for over 1 million U.S. jobs.
- This sector has seen steady productivity growth of around 3% annually over the past decade.
- China is the largest global exporter of electronic parts, but the U.S. remains a major producer and innovator.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted production and related indexes for the electronic parts manufacturing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and dynamics of a critical high-tech industrial sector, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This industrial production index is closely watched by analysts for signals about consumer and business demand, as well as the global competitiveness of the U.S. electronics industry.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PREND401HUA661N), retrieved from FRED.