Production: Industry: Total Industry Excluding Construction for India
Growth rate same period previous year, Quarterly
PRINTO01INQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.14
Year-over-Year Change
107.82%
Date Range
4/1/1995 - 10/1/2024
Summary
This economic indicator measures the year-over-year growth rate of industrial production in the United States on a quarterly basis. It provides insights into the overall health and direction of the manufacturing 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 industrial production growth rate tracks changes in the total output of U.S. factories, mines, and utilities compared to the same quarter in the previous year. It is a key barometer of economic activity and a leading indicator monitored by policymakers and analysts.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The industrial production growth rate helps inform monetary and fiscal policy decisions to support economic stability and growth.
Key Facts
- The series dates back to 1919.
- It covers output from factories, mines, and utilities.
- The series has a monthly and quarterly frequency.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the year-over-year growth rate of industrial production in the United States on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key barometer of economic activity and a leading indicator monitored by policymakers and analysts to assess the health and direction of the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The industrial production growth rate helps inform monetary and fiscal policy decisions to support economic stability and growth.
Q: Are there update delays or limitations?
A: The data is published on a monthly and quarterly basis with minimal delays.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Quarterly (PRINTO01INQ659S), retrieved from FRED.