Labor Productivity for Retail Trade: Florists (NAICS 4531) in the United States
Index 2017=100
IPUHN4531L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.11
Year-over-Year Change
59.30%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly production of industrial machinery in the United States. It is a key indicator of manufacturing activity and economic growth.
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 volume of industrial machinery production, a crucial component of the U.S. industrial and manufacturing sectors. Economists and policymakers monitor this index to assess the health and trajectory of the broader economy.
Methodology
The data is collected through surveys of industrial producers and compiled by the U.S. Federal Reserve.
Historical Context
The Index 2017=100 is used to inform economic policy decisions and provide insight into market conditions.
Key Facts
- The index base year is 2017.
- The index reached a record high in 2021.
- The index is published monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production volume of industrial machinery in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of manufacturing activity and economic growth, providing insight into the health of the U.S. industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial producers and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by economists and policymakers to inform economic policy decisions and assess market conditions.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve, with a typical release delay of several weeks.
Related Trends
Sectoral Output for Retail Trade: Vending Machine Operators (NAICS 4542) in the United States
IPUHN4542T301000000
Sectoral Output Price Deflator for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 45411) in the United States
IPUHN45411T051000000
Real Sectoral Output for Retail Trade: Nursery, Garden Center, and Farm Supply Stores (NAICS 44422) in the United States
IPUHN44422T011000000
Hours Worked for Retail Trade: Electronics and Appliance Stores (NAICS 44314) in the United States
IPUHN44314L201000000
Output per Worker for Retail Trade: Convenience Stores (NAICS 445120) in the United States
IPUHN445120W001000000
Output per Worker for Retail Trade: Food and Beverage Stores (NAICS 445) in the United States
IPUHN445W000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4531L000000000), retrieved from FRED.