All Employees: Mining, Logging, and Construction in Mississippi
Annual, Not Seasonally Adjusted
SMU28000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.30
Year-over-Year Change
-2.26%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted manufacturing production index for the United States. It is a key indicator of overall industrial activity and economic health.
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, not seasonally adjusted manufacturing production index tracks changes in the total output of U.S. manufacturing industries. It is a widely followed metric used by economists, policymakers, and market analysts to assess the strength and direction of the manufacturing sector.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Historical Context
The manufacturing production index informs decisions around monetary and fiscal policy, as well as investment strategies.
Key Facts
- The index has a base year of 2012 = 100.
- Manufacturing accounts for about 11% of U.S. GDP.
- The index reached an all-time high in 2021.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted manufacturing production index tracks changes in the total output of U.S. manufacturing industries.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a widely followed metric used to assess the strength and direction of the U.S. manufacturing sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: The manufacturing production index informs decisions around monetary and fiscal policy, as well as investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU28000001500000001A), retrieved from FRED.