Sectoral Output for Manufacturing: Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (NAICS 334220) in the United States
IPUEN334220T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,816.64
Year-over-Year Change
-15.15%
Date Range
1/1/1987 - 1/1/2021
Summary
This economic trend measures output levels in the radio and television broadcasting and wireless communications equipment manufacturing sector of the U.S. economy. It provides important insights into a key technology-driven industry.
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 Sectoral Output for Manufacturing: Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (NAICS 334220) metric tracks production and operations in this specialized manufacturing segment. It is a valuable indicator of activity and investment in a critical component of the broader technology landscape.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Historical Context
This metric is closely monitored by economists, industry analysts, and policymakers to gauge the health and momentum of the wireless and broadcasting equipment sector.
Key Facts
- This sector accounts for over $40 billion in annual U.S. manufacturing output.
- Production levels in this industry have grown by over 25% in the past decade.
- Radio and TV broadcasting equipment makes up the largest product category within this NAICS code.
FAQs
Q: What does this economic trend measure?
A: This metric tracks output and production levels in the radio, TV, and wireless communications equipment manufacturing sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This is an important indicator of activity and investment in a key technology-driven industry that is closely watched by economists, analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms in this NAICS industry code.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers, industry analysts, and economists to gauge the health and momentum of the wireless and broadcasting equipment manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag by the Federal Reserve.
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Citation
U.S. Federal Reserve, Sectoral Output for Manufacturing: Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing (NAICS 334220) in the United States (IPUEN334220T300000000), retrieved from FRED.