Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India
Monthly, Seasonally Adjusted
INDPROMANMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.54
Year-over-Year Change
5.74%
Date Range
4/1/1994 - 3/1/2024
Summary
The Industrial Production: Manufacturing (INDPROMANMISMEI) series measures the monthly output of the U.S. manufacturing sector, a key indicator of economic activity and industrial health.
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 Federal Reserve statistical release tracks the volume of production for manufacturing industries, which account for around 75% of total industrial production. It is a widely monitored economic indicator that provides insight into the strength of the manufacturing economy.
Methodology
The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Historical Context
Manufacturing production data is closely watched by policymakers, analysts, and investors to assess the state of the broader economy.
Key Facts
- Manufacturing accounts for about 75% of total U.S. industrial production.
- The manufacturing production index uses 2017 as the base year with a value of 100.
- Manufacturing output is a closely watched indicator of economic health and activity.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production: Manufacturing (INDPROMANMISMEI) series measures the monthly output of the U.S. manufacturing sector, a key driver of the broader economy.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing production data is a widely monitored economic indicator that provides insight into the strength and direction of the manufacturing economy, which is crucial for assessing overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Q: How is this trend used in economic policy?
A: Manufacturing production data is closely watched by policymakers, analysts, and investors to assess the state of the broader economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The Industrial Production: Manufacturing data is released monthly by the Federal Reserve, with a typical delay of around 15-20 days after the end of the reference month.
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Citation
U.S. Federal Reserve, Industrial Production: Manufacturing (INDPROMANMISMEI), retrieved from FRED.