Labor Compensation for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
Index 2017=100
IPUCN2213U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.26
Year-over-Year Change
88.83%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' measures the output of the U.S. manufacturing sector, providing a comprehensive gauge of 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
This index tracks the volume of goods produced by U.S. factories, mines, and utilities, serving as a key indicator of economic activity and manufacturing health.
Methodology
The data is collected through surveys of industrial facilities and calculated as a chained index with a base year of 2017.
Historical Context
The Index 2017=100 is closely monitored by policymakers, analysts, and investors to assess the state of the U.S. economy.
Key Facts
- The index has a base year of 2017, with a value of 100.
- Manufacturing accounts for about 11% of U.S. GDP.
- The index includes output from factories, mines, and utilities.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of goods produced by the U.S. manufacturing sector, including factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health and performance of the U.S. economy, providing insights into industrial activity and capacity utilization.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as a chained index with a base year of 2017.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, analysts, and investors to assess the state of the U.S. economy and guide policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve, with a typical release lag of around 15 days.
Related Trends
Hours Worked for Utilities: Water, Sewage and Other Systems (NAICS 2213) in the United States
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Labor Productivity for Utilities: Natural Gas Distribution (NAICS 221210) in the United States
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Output per Worker for Utilities: Electric Power Generation, Transmission and Distribution (NAICS 2211) in the United States
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Sectoral Output Price Deflator for Utilities: Natural Gas Distribution (NAICS 22121) in the United States
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Labor Productivity for Utilities: Utilities (NAICS 221) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUCN2213U110000000), retrieved from FRED.