Daily
INDRECD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
1/5/2020 - 9/30/2022
Summary
The Industrial Production Index (INDRECD) tracks the monthly output of U.S. manufacturing, mining, and utility companies. It is a key economic indicator monitored by policymakers and analysts.
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 Index measures the real output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely followed indicator of economic activity and capacity utilization.
Methodology
The Federal Reserve compiles the index based on survey data from industrial firms.
Historical Context
The Industrial Production Index provides insight into the health and momentum of the broader economy.
Key Facts
- The index has a base year of 2017 = 100.
- Industrial production fell sharply during the COVID-19 pandemic but has since recovered.
- The index covers approximately 75% of total industrial activity in the United States.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production Index measures the total real output of the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index is a key indicator of economic activity and capacity utilization, providing insight into the health and momentum of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles the Industrial Production Index based on survey data from industrial firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Industrial Production Index to assess the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The Industrial Production Index is released monthly by the Federal Reserve, with a typical delay of around six weeks.
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Citation
U.S. Federal Reserve, Industrial Production Index (INDRECD), retrieved from FRED.