Production: Manufacturing: Intermediate Goods: Total for Austria
Annual, Not Seasonally Adjusted
PRMNIG01ATA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.23
Year-over-Year Change
38.96%
Date Range
1/1/1960 - 1/1/2022
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the annual total production of total manufacturing industries in the United States. This metric is a key indicator of industrial activity and economic health.
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 output of the U.S. manufacturing sector on an annual basis, without adjustments for seasonal variations. It provides a comprehensive view of long-term trends in industrial production and helps economists and policymakers analyze the strength of the manufacturing economy.
Methodology
The data is collected and reported by the U.S. Federal Reserve through surveys of industrial facilities.
Historical Context
Analysts and policymakers use this manufacturing output metric to assess the overall performance of the U.S. economy and inform economic policy decisions.
Key Facts
- The U.S. manufacturing sector accounts for over 11% of GDP.
- Manufacturing output has grown by an average of 2.5% per year since 2010.
- The COVID-19 pandemic caused a 7.5% decline in 2020 manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual production output of the U.S. manufacturing sector, without adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a comprehensive view of long-term trends in industrial production, which is a key indicator of economic health and performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this manufacturing output metric to assess the overall performance of the U.S. economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is reported annually, with a delay of several months, and does not account for seasonal variations in production.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (PRMNIG01ATA661N), retrieved from FRED.