Production: Manufacturing: Investment Goods: Total for France
Quarterly, Not Seasonally Adjusted
PRMNVG01FRQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.43
Year-over-Year Change
7.49%
Date Range
1/1/1963 - 10/1/2018
Summary
This series measures quarterly, not seasonally adjusted production in the U.S. mining sector. It is a key indicator of economic activity and investment in the energy and materials industries.
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 Quarterly, Not Seasonally Adjusted series tracks total production volumes across the U.S. mining sector on a quarterly basis. This provides insight into trends in energy, mineral, and resource extraction that can inform economic analysis and policymaking.
Methodology
The data is collected through surveys of mining establishments and compiled by the U.S. Federal Reserve.
Historical Context
Economists and policymakers monitor this metric to assess the health of the mining and energy industries and their impact on the broader economy.
Key Facts
- Mining accounts for approximately 1.5% of U.S. GDP.
- The mining sector employs over 700,000 workers in the U.S.
- Quarterly mining production has fluctuated between 91 and 102 index points since 2015.
FAQs
Q: What does this economic trend measure?
A: This series measures total quarterly production volumes across the U.S. mining sector, including energy, mineral, and resource extraction.
Q: Why is this trend relevant for users or analysts?
A: Monitoring mining production is crucial for understanding activity and investment in key industries that underpin the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of mining establishments and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health of the mining and energy sectors and their impact on the overall economy.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNVG01FRQ661N), retrieved from FRED.