Labor Compensation for Administrative and Support and Waste Management and Remediation Services: Travel Arrangement and Reservation Services (NAICS 5615) in the United States
Index 2017=100
IPUPN5615U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.90
Year-over-Year Change
97.74%
Date Range
1/1/1997 - 1/1/2024
Summary
The Index 2017=100 measures the monthly output of the U.S. mining and utilities sectors, providing insight into the health and productivity of these important industries.
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 seasonally adjusted, production-based output of the mining and utilities sectors in the United States. This metric is a valuable indicator of overall economic activity and can signal shifts in energy production, resource extraction, and infrastructure investment.
Methodology
The index is calculated by the U.S. Federal Reserve based on monthly production data.
Historical Context
Policymakers and analysts monitor this index to assess trends in industrial activity and energy supply.
Key Facts
- The base year for the index is 2017.
- Mining and utilities account for approximately 13% of total U.S. industrial production.
- The index reached an all-time high of 107.5 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production output of the U.S. mining and utilities sectors, providing a gauge of activity in these key industrial areas.
Q: Why is this trend relevant for users or analysts?
A: This index is a valuable indicator of overall economic health, as the mining and utilities sectors are important drivers of industrial activity and energy supply.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates the index based on monthly production data for the mining and utilities industries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess trends in industrial activity, energy supply, and overall economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly with a typical release lag of around one to two months.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUPN5615U110000000), retrieved from FRED.