Growth Rate Previous Period, Annual, Not Seasonally Adjusted
ULQBBU06DKA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.53
Year-over-Year Change
-92.02%
Date Range
1/1/1989 - 1/1/2010
Summary
This economic trend measures the annual growth rate of a key manufacturing indicator, which provides insights into the health and dynamics of the U.S. industrial 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 Growth Rate Previous Period, Annual, Not Seasonally Adjusted series tracks the year-over-year change in manufacturing output, offering a high-level perspective on the production-side performance of the economy.
Methodology
The data is calculated based on the Federal Reserve's monthly industrial production index.
Historical Context
This trend is closely monitored by economists and policymakers to assess the trajectory of U.S. manufacturing activity.
Key Facts
- The series has been tracked since the 1970s.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The trend can signal broader economic conditions and policy priorities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of a key manufacturing indicator, providing insights into the performance and dynamics of the U.S. industrial sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists and policymakers as it offers a high-level perspective on the production-side performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the Federal Reserve's monthly industrial production index.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the trajectory of U.S. manufacturing activity and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve and may be subject to revisions.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (ULQBBU06DKA657S), retrieved from FRED.