Capital Productivity for Manufacturing: Animal Slaughtering and Processing (NAICS 31161) in the United States
IPUEN31161C000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.63
Year-over-Year Change
-11.79%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures capital productivity in the animal slaughtering and processing industry within the United States manufacturing sector. It is an important indicator for understanding productivity and efficiency in this key industry.
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 Capital Productivity for Manufacturing: Animal Slaughtering and Processing (NAICS 31161) in the United States trend provides a measure of output per unit of capital input for this subsector. It helps analysts and policymakers assess the technological and operational efficiency of the industry.
Methodology
The data is calculated by the Federal Reserve using production and capital investment statistics.
Historical Context
This trend is used to inform economic and policy decisions related to the manufacturing and food processing sectors.
Key Facts
- Manufacturing subsector NAICS 31161.
- Measures output per unit of capital input.
- Provides efficiency insights for the industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures capital productivity in the animal slaughtering and processing industry within the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: It helps analysts and policymakers assess the technological and operational efficiency of this key industry.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve using production and capital investment statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic and policy decisions related to the manufacturing and food processing sectors.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and limitations of the Federal Reserve's industrial production statistics.
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Citation
U.S. Federal Reserve, Capital Productivity for Manufacturing: Animal Slaughtering and Processing (NAICS 31161) in the United States (IPUEN31161C000000000), retrieved from FRED.