Real Sectoral Output for Administrative and Support and Waste Management and Remediation Services: Travel Agencies (NAICS 56151) in the United States
Index 2017=100
IPUPN56151T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.53
Year-over-Year Change
163.67%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the total industrial production in the United States, adjusting for seasonal and calendar effects. It is a key indicator of the overall health and output of the U.S. economy.
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 the total volume of output across all U.S. manufacturing, mining, and utility industries. It is a widely followed metric for assessing industrial activity and economic trends at the national level.
Methodology
The data is collected and calculated monthly by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The Index 2017=100 informs policymakers and market analysts about the pace of economic growth and industrial production.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Industrial production accounts for around 16% of total U.S. economic output.
- The index reached an all-time high of 103.4 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of industrial production across manufacturing, mining, and utilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the overall health of the U.S. economy, providing insights into the pace of industrial activity and economic growth.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Federal Reserve based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 informs policymakers and market analysts about the strength of the industrial sector, which can influence decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of around one month from the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN56151T010000000), retrieved from FRED.