Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for India
Billions of US Dollars
QINPAMUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,498.41
Year-over-Year Change
26.12%
Date Range
1/1/1957 - 10/1/2024
Summary
The 'Billions of US Dollars' series measures the total dollar value of U.S. industrial production. It is a key economic indicator used by policymakers and analysts to assess the health and growth 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
This industrial production index tracks the monthly output of manufacturing, mining, and electric and gas utilities. It is a broad measure of economic activity that provides insight into the overall direction of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The industrial production index is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary policy and support economic growth.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Manufacturing accounts for over 75% of the total industrial production index.
- The index reached an all-time high of 108.4 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Billions of US Dollars' series measures the total dollar value 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 economic health and growth, providing insights into the strength of the U.S. manufacturing sector and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly 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 policymakers to inform decisions on monetary policy and support overall economic growth.
Q: Are there update delays or limitations?
A: The industrial production data is published monthly by the Federal Reserve, with a typical release delay of around two weeks.
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Citation
U.S. Federal Reserve, Billions of US Dollars (QINPAMUSDA), retrieved from FRED.