Sectoral Output for Manufacturing: Aircraft Manufacturing (NAICS 336411) in the United States
IPUEN336411T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,204.68
Year-over-Year Change
-4.81%
Date Range
1/1/1987 - 1/1/2022
Summary
This economic trend measures the output of the aircraft manufacturing sector in the United States. It is a key indicator for monitoring the health and performance of the U.S. manufacturing 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: Aircraft Manufacturing (NAICS 336411) in the United States tracks the production levels of the aircraft manufacturing industry, which is a critical component of the broader U.S. manufacturing sector. This metric helps economists and policymakers assess the state of the country's industrial capabilities and competitiveness.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production index.
Historical Context
This trend is closely watched by government agencies, industry analysts, and market participants to gauge the strength of the U.S. manufacturing base and inform economic policy decisions.
Key Facts
- The U.S. is the world's largest producer of civilian and military aircraft.
- Aircraft manufacturing accounts for over 2% of total U.S. manufacturing output.
- The industry employs more than 500,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output or production levels of the aircraft manufacturing industry in the United States, which is classified under NAICS code 336411.
Q: Why is this trend relevant for users or analysts?
A: The aircraft manufacturing sector is a critical component of the broader U.S. manufacturing base, and this trend helps economists, policymakers, and industry analysts assess the health and competitiveness of this important industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its monthly industrial production index.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies, industry groups, and market participants to gauge the strength of the U.S. manufacturing sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released by the Federal Reserve on a monthly basis, with a short lag period. There may be revisions to historical data as more information becomes available.
Related Trends
Capital Costs for Manufacturing: Steel Product Manufacturing from Purchased Steel (NAICS 3312) in the United States
IPUEN3312C020000000
Output per Worker for Manufacturing: Animal Slaughtering and Processing (NAICS 3116) in the United States
IPUEN3116W001000000
Combined Inputs Costs for Manufacturing: Fiber, Yarn, and Thread Mills (NAICS 3131) in the United States
IPUEN3131M021000000
Hourly Compensation for Manufacturing: Apparel Accessories and Other Apparel Manufacturing (NAICS 3159) in the United States
IPUEN3159U120000000
Employment for Manufacturing: Grain and Oilseed Milling (NAICS 3112) in the United States
IPUEN3112W200000000
Capital Costs for Manufacturing: Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (NAICS 33341) in the United States
IPUEN33341C021000000
Citation
U.S. Federal Reserve, Sectoral Output for Manufacturing: Aircraft Manufacturing (NAICS 336411) in the United States (IPUEN336411T300000000), retrieved from FRED.