Index 2010=1, Annual, Not Seasonally Adjusted
PRMNTO01O1A661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.08
Year-over-Year Change
9.54%
Date Range
1/1/1990 - 1/1/2016
Summary
The Index 2010=1, Annual, Not Seasonally Adjusted series measures the level of industrial production in the United States over time. This metric provides valuable insights into the overall health and performance of the U.S. economy.
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 Index 2010=1, Annual, Not Seasonally Adjusted series tracks the volume of industrial output in the U.S., including manufacturing, mining, and utility sectors. This index is widely used by economists and policymakers to analyze trends in domestic production and assess the state of the national economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
This industrial production index is a key indicator monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The base year for the index is 2010, with a value of 1.
- The index measures the total volume of industrial production, not just the value.
- The data is reported on an annual, not seasonally adjusted basis.
FAQs
Q: What does this economic trend measure?
A: The Index 2010=1, Annual, Not Seasonally Adjusted series measures the overall level of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This industrial production index is a key indicator of the health and performance of the U.S. economy, providing valuable insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions, particularly related to interest rates, employment, and overall economic growth.
Q: Are there update delays or limitations?
A: The index data is reported on an annual basis and does not include seasonal adjustments, which may limit its usefulness for short-term analysis.
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Citation
U.S. Federal Reserve, Index 2010=1, Annual, Not Seasonally Adjusted (PRMNTO01O1A661S), retrieved from FRED.