Real Sectoral Output for Retail Trade: Shoe Stores (NAICS 4482) in the United States
Index 2017=100
IPUHN4482T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.99
Year-over-Year Change
11.28%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of industrial production in the United States, a key indicator of economic activity and manufacturing health.
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
This industrial production index tracks the monthly output of manufacturing, mining, and electric and gas utilities industries. It is a widely-used metric for monitoring the state of the U.S. economy and gauging the performance of the industrial sector.
Methodology
The data is collected through surveys of industrial facilities and calculated based on the physical output of goods.
Historical Context
The index is closely watched by policymakers, analysts, and businesses to inform economic forecasting and decision-making.
Key Facts
- The index uses 2017 as its base year with a value of 100.
- A reading above 100 indicates growth in industrial production compared to 2017.
- The index covers a broad range of industrial sectors, including mining, utilities, and manufacturing.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total 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 industrial production index is a key indicator of overall economic activity and the health of the U.S. industrial sector, making it highly relevant for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated based on the physical output of goods.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by the Federal Reserve and other policymakers to inform economic forecasting, monetary policy decisions, and assessments of the overall state of the U.S. economy.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve, with a typical delay of around a month between the reference period and the release of the data.
Related Trends
Labor Productivity for Retail Trade: General Merchandise Stores, Including Warehouse Clubs and Supercenters (NAICS 45231) in the United States
IPUHN45231L000000000
Sectoral Output Price Deflator for Retail Trade: Family Clothing Stores (NAICS 448140) in the United States
IPUHN448140T050000000
Labor Productivity for Retail Trade: Office Supplies, Stationery, and Gift Stores (NAICS 4532) in the United States
IPUHN4532L000000000
Labor Productivity for Retail Trade: Vending Machine Operators (NAICS 454210) in the United States
IPUHN454210L001000000
Unit Labor Costs for Retail Trade: Used Car Dealers (NAICS 441120) in the United States
IPUHN441120U100000000
Output per Worker for Retail Trade: Clothing Stores (NAICS 4481) in the United States
IPUHN4481W000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4482T010000000), retrieved from FRED.