Chain-Type Quantity Index for Real GDP: Management of Companies and Enterprises (55) in Iowa
Quarterly, Seasonally Adjusted
IAMNGCOENTPRQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
197.00
Year-over-Year Change
17.39%
Date Range
1/1/2005 - 1/1/2025
Summary
This quarterly, seasonally adjusted economic indicator measures gross output by U.S. manufacturing, mining, and utilities industries. It is a key metric of industrial production and a barometer for the overall health of the American economy.
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: Manufacturing, Mining, and Utilities index tracks the total volume of goods produced by these crucial economic sectors. It is a widely followed indicator that informs economic analysis, monetary policy, and investment decisions.
Methodology
The Federal Reserve collects and aggregates monthly data from a sample of industrial facilities to calculate this seasonally adjusted quarterly index.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this industrial production data to assess current economic conditions and guide their decisions.
Key Facts
- The index uses 2017 as its base year.
- Manufacturing accounts for over 75% of the total index.
- Quarterly data is released around the 15th of the following month.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total volume of goods produced by U.S. manufacturing, mining, and utilities industries on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: As a key barometer of industrial activity, this index provides valuable insights into the overall health of the American economy for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve aggregates monthly production data from a sample of industrial facilities to derive this seasonally adjusted quarterly index.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this industrial production data to assess current economic conditions and guide their monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: Quarterly data for this index is typically released around the 15th of the following month, with a one-month reporting lag.
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Citation
U.S. Federal Reserve, Industrial Production: Manufacturing, Mining, and Utilities (IAMNGCOENTPRQQGSP), retrieved from FRED.