Unit Labor Costs for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States
Index 2017=100
IPUCN2211U100000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.46
Year-over-Year Change
41.65%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of U.S. manufacturing, mining, and utility companies. This index is a key indicator of overall economic activity and 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 Index 2017=100 tracks the volume of industrial production across various sectors of the U.S. economy. It is used by economists and policymakers to analyze trends in domestic manufacturing, infrastructure, and resource extraction.
Methodology
The index is calculated based on monthly surveys of industrial facilities and production data.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other institutions to assess the health of the U.S. economy.
Key Facts
- Base year is 2017 with an index value of 100.
- Covers production across industries including mining, utilities, and manufacturing.
- Provides insight into the overall strength of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of overall economic activity and a closely watched metric by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of industrial facilities and production data.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is monitored by the Federal Reserve and other institutions to assess the health of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with some lag in the data release.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUCN2211U100000000), retrieved from FRED.