Capital Costs for Manufacturing: Medical Equipment and Supplies Manufacturing (NAICS 3391) in the United States
IPUEN3391C020000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,298.54
Year-over-Year Change
-24.78%
Date Range
1/1/1987 - 1/1/2022
Summary
This trend measures the capital costs for manufacturing medical equipment and supplies in the United States. It provides insights into the investment and production dynamics of a critical healthcare industry 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 Capital Costs for Manufacturing: Medical Equipment and Supplies Manufacturing (NAICS 3391) in the United States series tracks the capital expenditures and investment levels of firms in this manufacturing subsector. It serves as an indicator of production capacity, technological innovation, and industry-level investment trends.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This metric is closely monitored by policymakers, industry analysts, and healthcare providers to understand capacity, supply chain, and cost dynamics in the medical equipment manufacturing industry.
Key Facts
- The medical equipment manufacturing industry is a critical component of the U.S. healthcare system.
- Capital investment trends in this sector signal changes in production capacity and technological innovation.
- The data is collected through the U.S. Census Bureau's Annual Survey of Manufactures.
FAQs
Q: What does this economic trend measure?
A: This trend measures the capital costs and investment levels for firms engaged in the manufacturing of medical equipment and supplies in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the production capacity, technological innovation, and investment dynamics of a critical healthcare industry sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers, industry analysts, and healthcare providers to understand capacity, supply chain, and cost dynamics in the medical equipment manufacturing industry.
Q: Are there update delays or limitations?
A: The data is released annually by the U.S. Census Bureau, with some potential delays in publication.
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Citation
U.S. Federal Reserve, Capital Costs for Manufacturing: Medical Equipment and Supplies Manufacturing (NAICS 3391) in the United States (IPUEN3391C020000000), retrieved from FRED.