Hours Worked for Manufacturing: Semiconductor and Other Electronic Component Manufacturing (NAICS 33441) in the United States
Index 2017=100
IPUEN33441L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.91
Year-over-Year Change
-3.02%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly change in total industrial production, including manufacturing, mining, and utilities. It 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 Index 2017=100 is a widely followed indicator that tracks overall industrial production in the United States. It provides insights into the health and direction of the manufacturing sector, which is a significant driver of economic growth.
Methodology
The data is collected through surveys of industrial facilities and calculated by the Federal Reserve.
Historical Context
The Index 2017=100 is closely monitored by policymakers, economists, and market analysts as a barometer of the broader economy.
Key Facts
- The Index 2017=100 is based on 2017 as the reference year.
- It covers production in manufacturing, mining, and utilities sectors.
- The index is seasonally adjusted to account for typical monthly variations.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in total industrial production, including manufacturing, mining, and utilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator of economic activity and manufacturing performance, providing insights into the health and direction of the industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, economists, and market analysts as a barometer of the broader economy.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with typical delays of a few weeks.
Related Trends
Labor Share for Manufacturing: Other Electrical Equipment and Component Manufacturing (NAICS 3359) in the United States
IPUEN3359L030000000
Combined Inputs Costs for Manufacturing: Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing (NAICS 3252) in the United States
IPUEN3252M020000000
Real Sectoral Output for Manufacturing: Paper Manufacturing (NAICS 322) in the United States
IPUEN322T011000000
Intermediate Inputs for Manufacturing: Grain and Oilseed Milling (NAICS 3112) in the United States
IPUEN3112P010000000
Labor Productivity for Manufacturing: Railroad Rolling Stock Manufacturing (NAICS 33651) in the United States
IPUEN33651L000000000
Unit Labor Costs for Manufacturing: Railroad Rolling Stock Manufacturing (NAICS 3365) in the United States
IPUEN3365U100000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUEN33441L010000000), retrieved from FRED.