Employment for Retail Trade: Cosmetics, Beauty Supplies, and Perfume Stores (NAICS 44612) in the United States
Index 2017=100
IPUHN44612W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.68
Year-over-Year Change
44.18%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of the U.S. manufacturing industry. It is a key indicator of the health and performance of the domestic manufacturing 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 production of manufacturing firms in the United States. It is used by economists and policymakers to assess the broader trends and fluctuations in the manufacturing economy.
Methodology
The data is collected through surveys of industrial firms and calculated by the U.S. Federal Reserve.
Historical Context
The Index 2017=100 informs economic policy decisions and investment strategies.
Key Facts
- The base year for the index is 2017.
- The index has a long history dating back to the 1920s.
- Manufacturing accounts for about 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of output from the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing index is a key indicator of the health and performance of the domestic industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial firms and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The manufacturing index informs economic policy decisions and investment strategies related to the industrial sector.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release delay of 2-3 weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN44612W010000000), retrieved from FRED.