Employment for Construction: Heavy and Civil Engineering Construction (NAICS 237) in the United States
Index 2017=100
IPUDN237W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.21
Year-over-Year Change
30.99%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of industrial production in the United States. It is a key indicator of economic activity and an important metric for policymakers and analysts.
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 total output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely followed economic indicator that provides insight into the health and direction of the broader economy.
Methodology
The index is calculated by the Federal Reserve based on survey data from industrial firms.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other economic institutions to assess the strength of the U.S. economy.
Key Facts
- The base year for the index is 2017, with a value of 100.
- Industrial production accounts for around 20% of U.S. GDP.
- The index covers a wide range of industries, including factories, mines, and utilities.
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: The index is a key indicator of economic activity and an important metric for policymakers and analysts to assess the strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the index based on survey data from industrial firms.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other economic institutions to inform policy decisions and assess the health of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release delay of around a month.
Related Trends
Employment for Construction: Nonresidential Building Construction (NAICS 2362) in the United States
IPUDN2362W200000000
Hours Worked for Construction: Highway, Street, and Bridge Construction (NAICS 2373) in the United States
IPUDN2373L200000000
Hours Worked for Construction: Other Heavy and Civil Engineering Construction (NAICS 2379) in the United States
IPUDN2379L201000000
Hours Worked for Construction: Residential Building Construction (NAICS 2361) in the United States
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Hours Worked for Construction: Construction of Buildings (NAICS 236) in the United States
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Hours Worked for Construction: Other Heavy and Civil Engineering Construction (NAICS 237990) in the United States
IPUDN237990L010000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUDN237W010000000), retrieved from FRED.