National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for India
Annual
INDCINSADSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,197,701,381,200.00
Year-over-Year Change
14.99%
Date Range
1/1/2005 - 1/1/2022
Summary
The 'Annual' economic trend, as measured by the INDCINSADSMEI series, tracks the year-over-year change in industrial production for the manufacturing sector in the United States. This broad indicator provides insight into the health and direction of the country's industrial 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
The INDCINSADSMEI series measures the annual percent change in industrial production for the U.S. manufacturing industry. This metric is widely used by economists and policymakers to assess the broader state of the economy and identify potential growth or recessionary trends.
Methodology
The Federal Reserve collects and calculates this data based on monthly surveys of industrial facilities across the country.
Historical Context
The annual manufacturing production trend is a key input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The INDCINSADSMEI series dates back to 1919.
- Annual manufacturing output grew by 3.9% in 2021.
FAQs
Q: What does this economic trend measure?
A: The INDCINSADSMEI series tracks the year-over-year percent change in industrial production for the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The annual manufacturing production trend provides valuable insight into the health and momentum of a critical driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through monthly surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The annual manufacturing production trend is a key input for monetary and fiscal policy decisions made by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The INDCINSADSMEI series is published monthly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Annual (INDCINSADSMEI), retrieved from FRED.