Production: Manufacturing: Consumer Goods: Durable Goods for India
Annual, Seasonally Adjusted
PRMNCG02INA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.85
Year-over-Year Change
4.95%
Date Range
1/1/1995 - 1/1/2022
Summary
The 'Annual, Seasonally Adjusted' series measures the value of U.S. manufacturing shipments, a key indicator of industrial production and economic activity.
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
This series represents the total value of manufactured goods shipped by U.S. companies on an annual basis, adjusted for seasonal variations. It provides insights into the overall health and output of the manufacturing sector, which is a critical component of the broader economy.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Manufacturing shipments data is closely monitored by policymakers, economists, and market analysts to assess the state of the economy and guide decision-making.
Key Facts
- Manufacturing shipments account for over 10% of U.S. GDP.
- Seasonally adjusted data helps identify underlying trends beyond temporary fluctuations.
- The series has been tracked by the U.S. Census Bureau since the 1940s.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of manufactured goods shipped by U.S. companies on an annual basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing shipments data is a key indicator of industrial production and economic activity, providing insights into the overall health of the manufacturing sector and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Manufacturing shipments data is closely monitored by policymakers, economists, and market analysts to assess the state of the economy and guide decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMNCG02INA661S), retrieved from FRED.