Employment for Construction: Land Subdivision (NAICS 237210) in the United States
Index 2017=100
IPUDN237210W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.54
Year-over-Year Change
-15.71%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly change in U.S. industrial production. It is a key indicator of overall economic activity and manufacturing 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
The Index 2017=100 tracks changes in the total output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely-used gauge of the nation's industrial and economic performance.
Methodology
The Federal Reserve compiles this index using monthly survey data on industrial production.
Historical Context
The Index 2017=100 is closely monitored by policymakers, economists, and market analysts for insights into the strength of the U.S. economy.
Key Facts
- The base year for the index is 2017.
- The index reached an all-time high in 2021.
- The index fell sharply during the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in total industrial production in the United States, 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 overall economic activity and the health of the manufacturing sector, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this index using monthly survey data on industrial production.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by policymakers and central banks as an important gauge of the strength of the U.S. economy and manufacturing activity.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve with a typical delay of around two weeks from the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUDN237210W010000000), retrieved from FRED.