Employment for Other Services (Except Public Administration): Drycleaning and Laundry Services (NAICS 8123) in the United States
Index 2017=100
IPUUN8123W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.04
Year-over-Year Change
-16.97%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in the level of industrial production over time, providing insight into the health and output of the U.S. manufacturing 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 is a key economic indicator that tracks the monthly changes in the volume of industrial production, including factories, mines, and utilities. It serves as a barometer for the overall strength and performance of the U.S. industrial economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The Index 2017=100 is closely monitored by policymakers, economists, and market analysts to gauge the direction of the economy and inform economic policy decisions.
Key Facts
- The index is benchmarked to the year 2017 with a value of 100.
- Industrial production accounts for around 20% of U.S. economic activity.
- The index has a base-weighted Fisher formula to track volume changes.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly changes in the volume of industrial production, including manufacturing, mining, and utilities output in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and performance of the U.S. industrial economy, providing valuable insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected and calculated 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 is closely monitored by the Federal Reserve and other policymakers to assess the direction of the economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release lag of around 15 days after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUUN8123W010000000), retrieved from FRED.