Capital Share for Manufacturing: Industrial Machinery (NAICS 3332) in the United States
Percent
IPUEN3332C030000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.09
Year-over-Year Change
623.08%
Date Range
1/1/1987 - 1/1/2021
Summary
The 'Percent' trend measures the percentage of total industrial production for manufacturing of nonmetallic mineral products in the United States. This metric is a key indicator of economic activity and manufacturing performance.
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 'Percent' trend represents the share of total U.S. industrial production accounted for by the nonmetallic mineral products manufacturing industry, which includes items like glass, cement, and ceramics. This measure provides insight into the relative strength and contribution of this sector to the overall economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial production and manufacturing.
Historical Context
Economists and policymakers monitor this trend to assess the health of the construction and building materials industries.
Key Facts
- Nonmetallic mineral products manufacturing accounts for around 3% of total U.S. industrial production.
- The 'Percent' trend reached a recent high of 3.2% in 2019 before declining during the COVID-19 pandemic.
- Glass, cement, and ceramic products are major components of the nonmetallic minerals manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: The 'Percent' trend measures the share of total U.S. industrial production that comes from the manufacturing of nonmetallic mineral products like glass, cement, and ceramics.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and contribution of the construction materials industry, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial production and manufacturing.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor the 'Percent' trend to assess the health of the construction and building materials industries, which have implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with typical lags of 1-2 months.
Related Trends
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IPUEN33531U101000000
Capital Input for Manufacturing: Semiconductor and Other Electronic Component Manufacturing (NAICS 33441) in the United States
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Real Sectoral Output for Manufacturing: Fabric Mills (NAICS 3132) in the United States
IPUEN3132T011000000
Combined Inputs Price Deflator for Manufacturing: Railroad Rolling Stock Manufacturing (NAICS 33651) in the United States
IPUEN33651M050000000
Combined Inputs for Manufacturing: Foundries (NAICS 3315) in the United States
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Capital Intensity for Manufacturing: Glass and Glass Product Manufacturing (NAICS 32721) in the United States
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Citation
U.S. Federal Reserve, Percent (IPUEN3332C030000000), retrieved from FRED.