Labor Compensation for Retail Trade: Health and Personal Care Stores (NAICS 446) in the United States
Index 2017=100
IPUHN446U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.51
Year-over-Year Change
32.18%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly change in U.S. industrial production. It is a key economic indicator tracked by policymakers and analysts to assess the health 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 is a composite index that tracks the output of U.S. manufacturing, mining, and electric and gas utilities. It is published monthly by the Federal Reserve and serves as a barometer for the broader industrial economy.
Methodology
The index is calculated based on a survey of industrial facilities across the country.
Historical Context
The Index 2017=100 is closely watched by the Federal Reserve and other policymakers as a real-time signal of economic activity.
Key Facts
- The index uses 2017 as its base year with a value of 100.
- The index covers approximately 75% of total industrial production in the U.S.
- The index is released around the 15th of each month for the prior month.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in the volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a closely watched indicator of the health of the U.S. industrial sector, providing insights into economic growth, capacity utilization, and potential inflationary pressures.
Q: How is this data collected or calculated?
A: The index is calculated based on a monthly survey of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is a key input for the Federal Reserve and other policymakers in assessing the state of the economy and informing monetary policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published around the 15th of each month, reflecting industrial production data for the prior month.
Related Trends
Hourly Compensation for Retail Trade: Vending Machine Operators (NAICS 4542) in the United States
IPUHN4542U120000000
Sectoral Output for Retail Trade: Used Car Dealers (NAICS 441120) in the United States
IPUHN441120T300000000
Employment for Retail Trade: Sporting Goods, Hobby, Book, and Music Stores (NAICS 451) in the United States
IPUHN451W010000000
Labor Productivity for Retail Trade: Women's Clothing Stores (NAICS 448120) in the United States
IPUHN448120L000000000
Hourly Compensation for Retail Trade: Hardware Stores (NAICS 44413) in the United States
IPUHN44413U120000000
Real Sectoral Output for Retail Trade: Electronics and Appliance Stores (NAICS 44314) in the United States
IPUHN44314T011000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN446U110000000), retrieved from FRED.