Employment for Construction: Highway, Street, and Bridge Construction (NAICS 2373) in the United States
Index 2017=100
IPUDN2373W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.96
Year-over-Year Change
27.58%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of U.S. industrial production, a key indicator of overall economic activity. It is a critical metric for economists and policymakers to assess the health and trajectory of the manufacturing sector.
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 production of the nation's factories, mines, and utilities. It is a widely followed barometer of industrial performance and a leading indicator of economic conditions.
Methodology
The Federal Reserve calculates this index based on a comprehensive survey of industrial facilities.
Historical Context
This data series is used by the Federal Reserve, private analysts, and international institutions to monitor U.S. economic trends and inform policy decisions.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- The series covers production in mining, manufacturing, and utilities.
- It is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total 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 the health of the industrial sector, making it crucial for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the Index 2017=100 based on a comprehensive survey of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other institutions to assess current economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve with a typical release delay of around 15 days after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUDN2373W010000000), retrieved from FRED.