Production: Manufacturing: Consumer Goods: Total for Hungary
Monthly, Seasonally Adjusted
HUNPRMNCG01IXOBSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.32
Year-over-Year Change
-6.09%
Date Range
1/1/2000 - 10/1/2023
Summary
The Monthly, Seasonally Adjusted series measures changes in U.S. industrial production, a key indicator of overall economic activity.
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 index tracks output across the manufacturing, mining, and electric and gas utility sectors, providing insight into the health and momentum of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
Policymakers and analysts monitor this metric to assess the strength of the industrial economy and make informed decisions.
Key Facts
- The index has a base year of 2017.
- Manufacturing accounts for over 75% of the total index.
- The index reached an all-time high in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures changes in the total industrial production of the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of overall economic health and activity, providing insight into the performance of the industrial sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial facilities and calculated using a comprehensive methodology.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess the strength of the industrial economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical delay of around 15 days from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (HUNPRMNCG01IXOBSAM), retrieved from FRED.