Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Russia
Monthly
RUSCP090000IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.05
Year-over-Year Change
8.30%
Date Range
1/1/2004 - 2/1/2022
Summary
The 'Monthly' economic trend measures the total monthly production of the U.S. manufacturing sector. It is a key indicator of overall economic activity and industrial performance.
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 'Monthly' trend represents the Federal Reserve's monthly index of U.S. industrial production, providing a comprehensive measure of the output from manufacturing, mining, and utilities sectors. It is a widely followed economic indicator used to assess the health and direction of the U.S. economy.
Methodology
The data is calculated based on surveys of industrial facilities across the country.
Historical Context
This trend is closely monitored by policymakers, analysts, and investors to gauge the strength of the U.S. economy.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for over 75% of the total index.
- Utilities and mining make up the remaining components.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly' trend measures the total monthly production output of the U.S. manufacturing, mining, and utilities sectors, providing a comprehensive gauge of industrial activity.
Q: Why is this trend relevant for users or analysts?
A: The 'Monthly' trend is a key indicator of overall economic health and performance, closely watched by policymakers, economists, and investors to assess the direction and strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other policymakers to help inform monetary and fiscal policy decisions aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The 'Monthly' data is released by the Federal Reserve on a monthly basis, with a short lag time. There are no significant limitations to the coverage or reliability of this economic indicator.
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Citation
U.S. Federal Reserve, Monthly (RUSCP090000IXOBM), retrieved from FRED.