Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Israel

Billions of US Dollars

QILPAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

612.99

Year-over-Year Change

4.67%

Date Range

4/1/1981 - 10/1/2024

Summary

The 'Billions of US Dollars' economic trend measures the value of shipments for manufacturers in the United States. This data provides important insights into the health and productivity of the U.S. manufacturing sector.

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 'Billions of US Dollars' series represents the total value of shipments from U.S. manufacturing establishments, reported in billions of dollars. This metric is a key indicator of manufacturing activity and is used by economists and policymakers to assess the strength of the industrial economy.

Methodology

The data is collected through monthly surveys of manufacturing businesses conducted by the U.S. Census Bureau.

Historical Context

Trends in manufacturing shipments are closely monitored for their implications on economic growth, trade, and industrial policy.

Key Facts

  • U.S. manufacturing shipments totaled over $5.5 trillion in 2022.
  • Durable goods accounted for over 60% of total manufacturing shipments.
  • Manufacturing is a key driver of U.S. economic output and productivity.

FAQs

Q: What does this economic trend measure?

A: The 'Billions of US Dollars' trend measures the total value of shipments from U.S. manufacturing establishments, reported in billions of dollars.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the health and productivity of the U.S. manufacturing sector, which is a key driver of economic growth and industrial policy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of manufacturing businesses conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Trends in manufacturing shipments are closely monitored by economists and policymakers for their implications on economic growth, trade, and industrial policy.

Q: Are there update delays or limitations?

A: The data is released monthly with a typical lag of 4-6 weeks from the end of the reference period.

Related Trends

Citation

U.S. Federal Reserve, Billions of US Dollars (QILPAMUSDA), retrieved from FRED.