Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for Estonia
Monthly, Not Seasonally Adjusted
ESTPRINTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
117.46
Year-over-Year Change
-12.61%
Date Range
1/1/1998 - 3/1/2024
Summary
This economic trend measures the index of total industrial production in the United States on a monthly, not seasonally adjusted basis. It is a key indicator of 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 industrial production index tracks changes in the real volume of output from the manufacturing, mining, and electric and gas utility industries. It provides important insights into industrial activity and economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using surveys and production reports from manufacturing and industrial firms.
Historical Context
The industrial production index is closely monitored by policymakers, analysts, and market participants as a gauge of economic performance.
Key Facts
- The index uses 2012 as the base year (2012=100).
- Manufacturing accounts for about 75% of the total index.
- The index reached an all-time high of 108.5 in December 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly volume of industrial production in the United States, including manufacturing, mining, and utilities, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a critical indicator of the overall health and output of the U.S. economy, especially the manufacturing sector. It provides important insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys and production reports from industrial firms across the country.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Federal Reserve and other policymakers as a gauge of economic activity and a factor in monetary policy decisions.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve, with a typical delay of around 15 days after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (ESTPRINTO01IXOBM), retrieved from FRED.