Real Sectoral Output for Manufacturing: Fiber, Yarn, and Thread Mills (NAICS 31311) in the United States
IPUEN31311T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.69
Year-over-Year Change
-47.31%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the real output of the fiber, yarn, and thread mills industry (NAICS 31311) in the United States. It is an important indicator of manufacturing productivity and the overall health of the textile supply chain.
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 Real Sectoral Output for Manufacturing: Fiber, Yarn, and Thread Mills (NAICS 31311) in the United States is an index that tracks the inflation-adjusted production levels of this key manufacturing subsector. It provides insights into the productivity and competitiveness of a critical component of the U.S. textile industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its broader industrial production index.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to gauge the performance of the U.S. textile manufacturing sector.
Key Facts
- The fiber, yarn, and thread mills industry is a crucial supplier to the broader U.S. textile manufacturing sector.
- Real output in this industry has fluctuated significantly over the past two decades, reflecting global competition and shifts in consumer demand.
- Monitoring this trend helps policymakers assess the competitiveness of a key American manufacturing subsector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the fiber, yarn, and thread mills industry (NAICS 31311) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the productivity and competitiveness of a critical component of the U.S. textile manufacturing supply chain, which is closely watched by policymakers, industry analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its broader industrial production index.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess the health and competitiveness of the U.S. textile manufacturing sector, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with some potential for minor delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Manufacturing: Fiber, Yarn, and Thread Mills (NAICS 31311) in the United States (IPUEN31311T010000000), retrieved from FRED.