Production: Energy: Production and Distribution of Electricity, Gas, Steam, and Air Conditioning: Total for Sweden
Monthly, Seasonally Adjusted
SWEPREND401IXEBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.30
Year-over-Year Change
3.06%
Date Range
1/1/2000 - 10/1/2023
Summary
The 'Monthly, Seasonally Adjusted' trend measures the performance of the manufacturing sector, a key indicator of overall economic health. This data helps policymakers and analysts assess the state of the U.S. industrial economy.
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 monthly index tracks the seasonally adjusted production in the manufacturing industry, which accounts for a significant portion of the U.S. economy. The trend is widely used to gauge the strength and direction of the manufacturing sector.
Methodology
The data is collected through surveys of manufacturing companies and calculated using a standardized index methodology.
Historical Context
Manufacturers, investors, and economic policymakers closely monitor this index to understand current and future industrial activity.
Key Facts
- The index is benchmarked to 2017 = 100.
- Manufacturing accounts for about 11% of U.S. GDP.
- Index values above 50 indicate expansion, below 50 contraction.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' trend measures the monthly change in production across the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and direction of the U.S. industrial economy, providing valuable insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies and calculated using a standardized index methodology.
Q: How is this trend used in economic policy?
A: Policymakers, central banks, and analysts closely monitor this index to assess the current state and future trajectory of the manufacturing sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly, with a typical lag of about two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SWEPREND401IXEBSAM), retrieved from FRED.