Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States
PRINTO01USA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.93
Year-over-Year Change
8.81%
Date Range
1/1/1919 - 1/1/2023
Summary
This economic trend measures production volume in the United States industrial sector, excluding construction. It provides insights into the overall level of economic activity and is a key indicator for economists and policymakers.
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 Production Volume trend tracks the output of goods and services produced by the U.S. industrial sector, excluding construction. It serves as a broad measure of economic health and is closely monitored by analysts, investors, and government agencies to assess the state of the economy.
Methodology
The data is collected through surveys of industrial producers and manufacturers.
Historical Context
This trend is often used to inform economic policy decisions and market analysis.
Key Facts
- The index is based on 1997 = 100.
- Production volume has increased by 25% since 2010.
- The trend is reported monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of goods and services in the U.S. industrial sector, excluding construction. It provides a broad indicator of overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely watched by economists, policymakers, and market analysts as it offers insights into the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and manufacturers.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies and central banks to inform economic policy decisions and assess the state of the industrial sector.
Q: Are there update delays or limitations?
A: The trend is reported monthly by the Federal Reserve, with minimal delays. However, the data may not capture all aspects of the industrial sector.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States (PRINTO01USA661N), retrieved from FRED.