Production: Manufacturing: Investment Goods: Total for Spain
Monthly, Seasonally Adjusted
ESPPRMNVG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.58
Year-over-Year Change
-5.67%
Date Range
1/1/1992 - 12/1/2018
Summary
This trend measures the monthly production of manufactured goods in the United States, adjusted for seasonal variations. It is a key indicator of the health and direction 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 Industrial Production: Manufacturing (NAICS) index tracks the monthly output of manufacturing industries in the U.S. It is used by economists and policymakers to assess the strength and trajectory of the broader economy.
Methodology
The Federal Reserve collects and calculates this index based on data from manufacturing establishments.
Historical Context
Trends in industrial production provide important insights into the state of the U.S. economy and can inform economic and monetary policy decisions.
Key Facts
- The index uses 2017 as the base year.
- Manufacturing accounts for about 75% of total industrial production.
- Declines in the index can signal an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production of manufactured goods in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in industrial production provide important insights into the strength and direction of the U.S. economy, which is valuable information for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve collects data from manufacturing establishments and calculates the Industrial Production: Manufacturing (NAICS) index.
Q: How is this trend used in economic policy?
A: Trends in industrial production can inform economic and monetary policy decisions, as they offer insights into the state of the broader U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, but there may be a short delay in reporting due to the time required to collect and process the information from manufacturing establishments.
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Citation
U.S. Federal Reserve, Industrial Production: Manufacturing (NAICS) (ESPPRMNVG01IXOBSAM), retrieved from FRED.