Output per Worker for Manufacturing: Frozen Food Manufacturing (NAICS 31141) in the United States
Index 2017=100
IPUEN31141W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.93
Year-over-Year Change
21.58%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the volume of industrial production, including manufacturing, mining, and utilities, in the United States. It is a key economic indicator used to gauge the health and performance of the industrial 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 is a seasonally adjusted time series that tracks changes in the real output of the U.S. industrial sector. It is calculated based on a survey of production facilities and used to analyze trends in manufacturing, resources extraction, and power generation.
Methodology
The data is collected through monthly surveys of industrial facilities and then aggregated and adjusted for seasonal variations.
Historical Context
Policymakers and analysts closely monitor the Index 2017=100 to assess the overall state of the economy and make informed decisions.
Key Facts
- The Index 2017=100 has a base year of 2017.
- It covers approximately 75% of the total industrial output in the United States.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of industrial production, including manufacturing, mining, and utilities, in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key economic indicator used to gauge the health and performance of the industrial sector, which is crucial for understanding the overall state of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and then aggregated and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Index 2017=100 to assess the overall state of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with a short delay between the reference period and the release date.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUEN31141W000000000), retrieved from FRED.