Real Sectoral Output for Retail Trade: Health and Personal Care Stores (NAICS 4461) in the United States
Index 2017=100
IPUHN4461T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.67
Year-over-Year Change
25.93%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly production of industrial machinery in the United States. This index is a key indicator of the health and activity of the 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 the seasonally adjusted monthly production of industrial machinery and equipment, a critical component of the U.S. industrial economy. It is used by economists and policymakers to assess trends in manufacturing output and investment.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of manufacturing establishments.
Historical Context
The Index 2017=100 provides insight into capital expenditures and business investment, which are important drivers of overall economic growth.
Key Facts
- The base year for the index is 2017.
- The index reached a record high of 109.7 in December 2021.
- Industrial machinery accounts for approximately 10% of total U.S. manufacturing output.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production of industrial machinery and equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and activity of the U.S. manufacturing sector, providing insights into capital expenditures and business investment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by economists and policymakers to assess trends in manufacturing output and investment, which are important drivers of overall economic growth.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of around 6 weeks.
Related Trends
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4461T010000000), retrieved from FRED.