Intermediate Inputs for Manufacturing: Alumina and Aluminum Production and Processing (NAICS 3313) in the United States
IPUEN3313P011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.90
Year-over-Year Change
35.79%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures the volume of intermediate inputs used in the production and processing of alumina and aluminum in the United States manufacturing sector, providing insight into industrial activity and supply chain dynamics.
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 Intermediate Inputs for Manufacturing: Alumina and Aluminum Production and Processing (NAICS 3313) in the United States index tracks the quantity of raw materials, parts, and services consumed by this industry, which is a key indicator of production capacity and efficiency.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as an index relative to a base year.
Historical Context
This metric is used by policymakers, analysts, and businesses to monitor the health of the aluminum manufacturing industry and its broader economic implications.
Key Facts
- Aluminum is a critical material for industries like aerospace, automotive, and construction.
- The United States is one of the world's largest producers and consumers of aluminum.
- Fluctuations in intermediate input usage can signal changes in production and investment plans.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of raw materials, parts, and services consumed in the production and processing of alumina and aluminum by the U.S. manufacturing sector, as classified under NAICS code 3313.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of the aluminum manufacturing industry, which is a key component of the broader U.S. industrial economy. It can signal changes in production capacity, supply chain dynamics, and investment plans.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as an index relative to a base year by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses monitor this trend to assess the state of the aluminum manufacturing industry and its broader economic implications, such as investment, trade, and industrial production.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. While comprehensive, the index may not capture all aspects of the aluminum supply chain or production processes.
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Citation
U.S. Federal Reserve, Intermediate Inputs for Manufacturing: Alumina and Aluminum Production and Processing (NAICS 3313) in the United States (IPUEN3313P011000000), retrieved from FRED.