Real Sectoral Output for Manufacturing: Bread and Bakery Product Manufacturing (NAICS 31181) in the United States
Index 2012=100
IPUEN31181T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.45
Year-over-Year Change
10.14%
Date Range
1/1/1987 - 1/1/2021
Summary
The Index 2012=100 measures the volume of total industrial production, manufacturing, mining, and utilities production in the United States. It is a key indicator of economic activity and a valuable tool 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 2012=100 tracks changes in the total output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely-used gauge of the overall health and direction of the economy, providing insights into production trends and capacity utilization.
Methodology
The index is calculated by the U.S. Federal Reserve based on survey data from manufacturing, mining, and utility companies.
Historical Context
The Index 2012=100 is closely monitored by policymakers, economists, and investors to assess the strength of the U.S. economy and guide economic decision-making.
Key Facts
- The index uses 2012 as the base year with a value of 100.
- The index covers approximately 75% of the total industrial output in the United States.
- Index levels above 100 indicate growth in industrial production compared to 2012.
FAQs
Q: What does this economic trend measure?
A: The Index 2012=100 measures the total 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 2012=100 is a crucial indicator of economic activity and a valuable tool for policymakers, economists, and investors to assess the strength and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on survey data from manufacturing, mining, and utility companies.
Q: How is this trend used in economic policy?
A: The Index 2012=100 is closely monitored by policymakers to guide economic decision-making and assess the overall health of the U.S. industrial sector.
Q: Are there update delays or limitations?
A: The Index 2012=100 is published monthly by the U.S. Federal Reserve, with some potential for minor delays in data availability.
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Labor Compensation for Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States
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Capital Intensity for Manufacturing: Fiber, Yarn, and Thread Mills (NAICS 31311) in the United States
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Unit Labor Costs for Manufacturing: Other Textile Product Mills (NAICS 3149) in the United States
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Capital Share for Manufacturing: Grain and Oilseed Milling (NAICS 3112) in the United States
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Citation
U.S. Federal Reserve, Index 2012=100 (IPUEN31181T010000000), retrieved from FRED.