Employment for Administrative and Support and Waste Management and Remediation Services: Business Support Services (NAICS 5614) in the United States
Index 2017=100
IPUPN5614W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.40
Year-over-Year Change
-18.92%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures industrial production for a specific manufacturing industry in the United States. This key economic indicator provides insights into the health and performance 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 Index 2017=100 tracks changes in the total industrial production of a specific manufacturing industry, with the year 2017 serving as the base period and assigned a value of 100. This index is used by economists and policymakers to analyze trends and patterns in industrial activity.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial production.
Historical Context
The Index 2017=100 is widely used to monitor the overall strength of the U.S. manufacturing industry and inform economic policy decisions.
Key Facts
- The base year for the Index 2017=100 is 2017.
- The index measures changes in total industrial production.
- The data is collected by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the total industrial production of a specific manufacturing industry in the United States, with the year 2017 serving as the base period.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key economic indicator that provides insights into the health and performance of the U.S. industrial sector, which is important for economists and policymakers in monitoring and analyzing economic conditions.
Q: How is this data collected or calculated?
A: The data for the Index 2017=100 is collected by the U.S. Federal Reserve through surveys of industrial production.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is widely used to monitor the overall strength of the U.S. manufacturing industry and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published regularly by the U.S. Federal Reserve, with potential delays or limitations depending on the availability and timeliness of the underlying data.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN5614W010000000), retrieved from FRED.