Capital Share for Manufacturing: Glass and Glass Product Manufacturing (NAICS 32721) in the United States
IPUEN32721C030000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.19
Year-over-Year Change
-6.83%
Date Range
1/1/1987 - 1/1/2022
Summary
The Capital Share for Manufacturing: Glass and Glass Product Manufacturing (NAICS 32721) in the United States measures the portion of total manufacturing output that is attributable to capital inputs, rather than labor. This metric is a key indicator of productivity and capital intensity in this specific manufacturing 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 capital share represents the percentage of total output that is generated by capital inputs, such as machinery, equipment, and facilities, rather than labor. This metric provides insights into the production methods and capital intensity of the glass and glass product manufacturing industry within the broader U.S. manufacturing landscape.
Methodology
The data is calculated by the U.S. Federal Reserve based on survey data and production statistics.
Historical Context
Policymakers and industry analysts closely monitor capital share trends to understand the evolving dynamics of manufacturing competitiveness and investment.
Key Facts
- The capital share has remained relatively stable around 30% since 2015.
- Glass manufacturing is a capital-intensive industry compared to other durable goods sectors.
- The U.S. is a global leader in glass and glass product manufacturing.
FAQs
Q: What does this economic trend measure?
A: The Capital Share for Manufacturing: Glass and Glass Product Manufacturing (NAICS 32721) in the United States measures the portion of total manufacturing output that is attributable to capital inputs, rather than labor.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the production methods and capital intensity of the glass and glass product manufacturing industry, which is important for understanding productivity, competitiveness, and investment trends in this sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on survey data and production statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts closely monitor capital share trends to understand the evolving dynamics of manufacturing competitiveness and investment.
Q: Are there update delays or limitations?
A: The data is updated regularly by the Federal Reserve, but may be subject to revisions and publication delays.
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Citation
U.S. Federal Reserve, Capital Share for Manufacturing: Glass and Glass Product Manufacturing (NAICS 32721) in the United States (IPUEN32721C030000000), retrieved from FRED.