Real Sectoral Output for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
Index 2017=100
IPUCN2213T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.30
Year-over-Year Change
8.64%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of the U.S. mining, quarrying, and oil and gas extraction industries. It is an important indicator of economic activity and a key input for macroeconomic analysis.
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 monthly changes in the volume of production for the mining, quarrying, and oil and gas extraction sectors in the United States. It provides insight into the health and performance of these critical industries within the broader economy.
Methodology
The index is calculated by the U.S. Federal Reserve based on data collected through surveys of production facilities.
Historical Context
Policymakers and analysts monitor this index to assess trends in energy and raw material production, which have significant implications for inflation, trade, and industrial output.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- Mining, quarrying, and oil/gas extraction account for around 15% of total U.S. industrial production.
- The index reached a record high of 109.3 in December 2019.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly changes in the volume of production across the U.S. mining, quarrying, and oil and gas extraction industries.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the health of key industrial sectors, with implications for energy supply, commodity prices, and overall economic activity.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on survey data collected from production facilities in the mining, quarrying, and oil/gas extraction industries.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor trends in energy and raw material production, which can inform decisions related to inflation, trade, and industrial policy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release lag of around 6 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUCN2213T010000000), retrieved from FRED.