Output per Worker for Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States
Index 2017=100
IPUEN337110W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.72
Year-over-Year Change
22.22%
Date Range
1/1/1987 - 1/1/2022
Summary
The Index 2017=100 measures the volume of industrial production, including manufacturing, mining, and utilities. It is a key indicator of economic activity and helps assess the health of the U.S. industrial sector.
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 tracks changes in the total industrial output of the United States. It is a widely-used metric for evaluating the performance and trends of the country's manufacturing, mining, and utility industries.
Methodology
The data is collected through surveys of industrial establishments and then calculated by the Federal Reserve.
Historical Context
The Index 2017=100 informs economic policy decisions and provides important context for analyzing the broader state of the U.S. economy.
Key Facts
- The index is based on 2017 as the reference year, with a value of 100.
- Industrial production accounts for around 20% of total U.S. economic output.
- The index tracks changes in output across diverse sectors like factories, mines, and utilities.
FAQs
Q: What does the Index 2017=100 measure?
A: The Index 2017=100 measures the volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is the Index 2017=100 relevant for users or analysts?
A: The index is a key indicator of economic activity and health, providing important insights into the performance of the U.S. industrial sector.
Q: How is the Index 2017=100 data collected or calculated?
A: The data is collected through surveys of industrial establishments and then calculated by the Federal Reserve.
Q: How is the Index 2017=100 used in economic policy?
A: The index informs economic policy decisions and provides crucial context for analyzing the broader state of the U.S. economy.
Q: Are there any update delays or limitations for the Index 2017=100?
A: The index is published monthly by the Federal Reserve, with a typical release delay of around a month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUEN337110W000000000), retrieved from FRED.