Infra-Annual Labor Statistics: Monthly Unemployment Rate Male: From 15 to 24 Years for G7
Quarterly, Not Seasonally Adjusted
G7LRHU24MASTQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.39
Year-over-Year Change
11.53%
Date Range
1/1/2004 - 1/1/2025
Summary
This U.S. economic trend measures the quarterly, not seasonally adjusted value of the Gross Domestic Product (GDP) for the manufacturing sector. It provides insight into the overall health and performance of the manufacturing industry.
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 Quarterly, Not Seasonally Adjusted GDP for the Manufacturing Sector tracks the total output and value-added of goods produced by U.S. manufacturing businesses. This metric is closely watched by economists and policymakers to assess the strength and trends within the manufacturing segment of the economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and other statistical sources.
Historical Context
This trend is used to inform economic policy decisions and provide context for analyzing the state of the manufacturing industry.
Key Facts
- The manufacturing sector accounts for approximately 11% of U.S. GDP.
- Manufacturing productivity has increased by over 150% since the 1980s.
- The U.S. is the world's second-largest manufacturer, behind China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, not seasonally adjusted value of the Gross Domestic Product (GDP) for the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and performance of the manufacturing industry, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using surveys and other statistical sources.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to inform economic policy decisions and provide context for analyzing the state of the manufacturing industry.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical delay of 2-3 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (G7LRHU24MASTQ), retrieved from FRED.