Real Sectoral Output for Retail Trade: Jewelry, Luggage, and Leather Goods Stores (NAICS 4483) in the United States
Index 2017=100
IPUHN4483T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
142.28
Year-over-Year Change
46.83%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the production of the Mining and Logging industry, a key indicator of economic activity and industrial output.
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 production index that tracks changes in the total output of the Mining and Logging sector in the United States. It is a widely-watched metric for assessing the health and momentum of this important industrial segment.
Methodology
The data is collected through surveys of businesses in the Mining and Logging industries.
Historical Context
Policymakers and analysts use this index to understand trends in industrial production and the broader economy.
Key Facts
- The base year for the Index 2017=100 is 2017.
- The index covers Mining, Quarrying, and Oil & Gas Extraction.
- It is published monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total production output of the Mining and Logging industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides a key signal about the health and momentum of an important industrial sector, which has implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses in the Mining and Logging industries.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this index to gauge industrial activity and its potential impact on the overall economy.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the U.S. Federal Reserve with a typical release lag of 6-8 weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4483T010000000), retrieved from FRED.