All Employees: Trade, Transportation, and Utilities in Oregon
Annual, Not Seasonally Adjusted
SMU41000004000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
359.30
Year-over-Year Change
15.60%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted manufacturing production index for the United States. It provides insights into the overall health and performance 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 annual, not seasonally adjusted manufacturing production index tracks changes in the volume of goods produced by U.S. manufacturing industries on a yearly basis, without adjusting for seasonal variations. It is a key indicator of manufacturing activity and industrial performance.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of manufacturing establishments.
Historical Context
This index is closely monitored by policymakers, economists, and market analysts to assess the state of the U.S. economy and inform economic decision-making.
Key Facts
- The index uses 2012 as the base year.
- Manufacturing accounts for over 11% of U.S. GDP.
- The index reached a record high in 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted production output of the U.S. manufacturing sector, providing insights into the overall health and performance of this critical industry.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a key indicator used by policymakers, economists, and market analysts to assess the state of the U.S. economy and inform economic decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics based on monthly surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: This index is closely monitored by policymakers and institutions to gauge the performance of the U.S. manufacturing sector and its impact on the broader economy, informing policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted manufacturing production index is published with a delay, as it relies on monthly survey data collected by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU41000004000000001A), retrieved from FRED.