Production: Industry: Total Industry Excluding Construction for Sweden
Annual
PRINTO01SEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.50
Year-over-Year Change
-77.25%
Date Range
1/1/1956 - 1/1/2024
Summary
The Annual trend measures the annual rate of change in industrial production. This key economic indicator provides insights into the health and growth of the U.S. 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 Annual industrial production index tracks changes in the total output of the U.S. manufacturing, mining, and electric and gas utility industries. Economists and policymakers closely monitor this trend to assess overall economic conditions and potential inflationary pressures.
Methodology
The Federal Reserve collects and calculates this data based on monthly surveys of industrial facilities.
Historical Context
Policymakers use the Annual trend to inform decisions around monetary policy and macroeconomic management.
Key Facts
- The Annual index has a base year of 2017 = 100.
- Industrial production represents about 16% of the U.S. economy.
- The Annual trend is released monthly, with a typical 2-month publication lag.
FAQs
Q: What does this economic trend measure?
A: The Annual industrial production index tracks changes in the total output of the U.S. manufacturing, mining, and utility industries on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: The Annual industrial production trend provides key insights into the health and growth of the U.S. manufacturing sector, which is a critical component of the overall economy.
Q: How is this data collected or calculated?
A: The Federal Reserve collects monthly survey data from industrial facilities and calculates the Annual index.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the Annual industrial production trend to inform decisions around monetary policy and macroeconomic management.
Q: Are there update delays or limitations?
A: The Annual index is released monthly, with a typical 2-month publication lag.
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Citation
U.S. Federal Reserve, Annual (PRINTO01SEA657S), retrieved from FRED.