Production: Manufacturing: Investment Goods: Total for Sweden
Monthly, Not Seasonally Adjusted
SWEPRMNVG01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.42
Year-over-Year Change
6.99%
Date Range
1/1/2000 - 10/1/2023
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures the monthly industrial production index for the manufacturing sector in the United States. This index provides valuable insights into the health and performance of the U.S. manufacturing industry.
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 industrial production index tracks changes in the real output of U.S. manufacturing, mining, and electric and gas utilities. The 'Monthly, Not Seasonally Adjusted' version of this index is particularly useful for understanding the underlying, unadjusted trends in industrial activity.
Methodology
This index is calculated by the U.S. Federal Reserve based on data collected from manufacturing establishments across the country.
Historical Context
The industrial production index is closely monitored by policymakers, economists, and market analysts to gauge the strength of the U.S. economy.
Key Facts
- The index is calculated with a base year of 2017 = 100.
- Manufacturing accounts for over 75% of the total industrial production index.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the monthly industrial production index for the U.S. manufacturing sector, providing insights into the underlying activity levels.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and performance of the U.S. manufacturing industry, which is a vital component of the overall economy. It is closely watched by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on data collected from manufacturing establishments across the country.
Q: How is this trend used in economic policy?
A: The industrial production index is used by policymakers, economists, and market analysts to assess the strength of the U.S. economy and inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve, with a typical publication delay of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SWEPRMNVG01IXOBM), retrieved from FRED.