Real Gross Domestic Product: Durable Goods Manufacturing (321, 327-339) in Idaho
Quarterly, Seasonally Adjusted Annual Rate
IDDURMANRQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,016.10
Year-over-Year Change
0.72%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (SAAR) measures the annualized rate of change in durable goods manufacturing output, providing insight into a key component of industrial production.
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 SAAR series tracks the quarterly change in the production of durable goods, which are products designed to last over three years. This metric is an important indicator of economic health and business investment.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing activity.
Historical Context
Policymakers and analysts monitor this trend to assess the strength of the manufacturing sector and broader economic conditions.
Key Facts
- Durable goods account for about 40% of total industrial production.
- The SAAR has fluctuated between -22.5% and +24.2% over the past decade.
- Sustained growth in durable goods output signals business confidence and capital investment.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (SAAR) tracks the annualized change in durable goods manufacturing output, a key component of industrial production.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health of the manufacturing sector and broader economic conditions, as durable goods production is closely linked to business investment and consumer demand.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing activity.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the strength of the manufacturing sector and guide decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (IDDURMANRQGSP), retrieved from FRED.