Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Arkansas
Quarterly, Seasonally Adjusted
ARMNGCOENTPRQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.97
Year-over-Year Change
20.74%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the nominal dollar value of shipments from U.S. manufacturing companies. It is a key indicator of economic activity and business investment.
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
This data series represents the total value of shipments from manufacturing establishments in the United States, adjusted for seasonal variations. It provides insight into the health and output of the manufacturing sector, a critical component of the broader economy.
Methodology
The data is collected through monthly surveys of manufacturing companies and then aggregated and seasonally adjusted by the U.S. Census Bureau.
Historical Context
Manufacturing activity and shipments are closely monitored by economists, policymakers, and market analysts to assess macroeconomic conditions and inform decisions.
Key Facts
- Manufacturing shipments account for over 11% of U.S. GDP.
- Seasonally adjusted data removes regular cyclical patterns.
- Shipments data leads other manufacturing indicators like orders and inventories.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of shipments from U.S. manufacturing establishments, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing shipments data provides important insights into the health and output of the U.S. industrial sector, which is a critical driver of economic growth and investment.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing companies and then aggregated and seasonally adjusted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Manufacturing activity and shipments are closely monitored by economists, policymakers, and market analysts to assess macroeconomic conditions and inform decisions.
Q: Are there update delays or limitations?
A: The data is released with a lag of approximately 6 weeks following the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (ARMNGCOENTPRQQGSP), retrieved from FRED.