Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States
USAPROINDAISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.93
Year-over-Year Change
8.81%
Date Range
1/1/1919 - 1/1/2023
Summary
This trend measures the production volume of the U.S. industrial sector, excluding construction. It provides a vital indicator of economic activity and productivity.
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 Production Volume: Economic Activity: Industry (Except Construction) for United States series tracks the overall production levels of the U.S. industrial sector, excluding the construction industry. It serves as a key barometer of the health and momentum of the broader economy.
Methodology
The data is collected through surveys of industrial producers and manufacturers.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to assess the state of the U.S. economy.
Key Facts
- The index is published monthly by the U.S. Federal Reserve.
- It covers a wide range of industries, from mining to utilities.
- The series dates back to 1972 and is a key leading indicator of economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of the U.S. industrial sector, excluding construction. It provides a comprehensive indicator of economic activity and productivity in the manufacturing, mining, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: The Production Volume: Economic Activity: Industry (Except Construction) for United States series is a vital economic indicator closely watched by policymakers, economists, and market participants to assess the health and direction of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and manufacturers across the United States.
Q: How is this trend used in economic policy?
A: This metric is used by the Federal Reserve and other policymakers to evaluate the state of the economy and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States (USAPROINDAISMEI), retrieved from FRED.