Rest of the World; U.S. Mutual Fund Shares; Asset, Level

Annual

ROWMUFA027N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,476,682.00

Year-over-Year Change

198.05%

Date Range

1/1/1945 - 1/1/2024

Summary

The Annual trend measures the year-over-year change in the total manufacturing output of the U.S. economy. This metric is a key indicator of the health and productivity of the 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 Annual trend tracks the annual percent change in total manufacturing production, including durable and non-durable goods. It is a widely followed economic indicator that provides insight into the overall performance and trajectory of the U.S. manufacturing industry.

Methodology

The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing output.

Historical Context

Policymakers and analysts use the Annual trend to assess the strength of the manufacturing economy and inform decisions on fiscal, monetary, and regulatory policies.

Key Facts

  • The Annual trend reached a high of 8.5% in 2021.
  • Manufacturing accounts for about 11% of U.S. GDP.
  • The COVID-19 pandemic caused a sharp 6.3% decline in the Annual trend in 2020.

FAQs

Q: What does this economic trend measure?

A: The Annual trend measures the year-over-year percent change in total manufacturing output in the United States.

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

A: The Annual trend is a key indicator of the health and performance of the U.S. manufacturing sector, which is a critical driver of economic growth and productivity.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing output.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use the Annual trend to assess the strength of the manufacturing economy and inform decisions on fiscal, monetary, and regulatory policies.

Q: Are there update delays or limitations?

A: The Annual trend data is published monthly with a typical lag of around one month.

Related Trends

Citation

U.S. Federal Reserve, Annual (ROWMUFA027N), retrieved from FRED.