Employment for Construction: Other Heavy and Civil Engineering Construction (NAICS 2379) in the United States
Index 2017=100
IPUDN2379W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.86
Year-over-Year Change
28.18%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in U.S. industrial production, a key indicator of economic health and manufacturing activity.
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 output from U.S. manufacturing, mining, and electric and gas utilities. It is a widely followed measure of the nation's industrial sector performance.
Methodology
The Federal Reserve collects and aggregates data from thousands of industrial facilities to calculate this monthly index.
Historical Context
The Index 2017=100 is used by policymakers, economists, and investors to gauge the strength of the U.S. economy.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- It covers output from mining, utilities, and manufacturing sectors.
- The index 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 output from U.S. industrial facilities, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and performance of the U.S. industrial sector, providing insights into economic growth and production.
Q: How is this data collected or calculated?
A: The Federal Reserve collects output data from thousands of industrial facilities and aggregates it into the monthly Index 2017=100.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, economists, and investors to gauge the strength of the broader U.S. economy.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with a typical 2-week publication lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUDN2379W010000000), retrieved from FRED.