Output per Worker for Retail Trade: Office Supplies and Stationery Stores (NAICS 453210) in the United States
Index 2017=100
IPUHN453210W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.61
Year-over-Year Change
10.58%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks the volume of U.S. industrial production on a monthly basis, with 2017 as the base year. This index is a key indicator of overall 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
The Index 2017=100 measures the real output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely referenced metric for monitoring the business cycle and assessing the strength of the broader economy.
Methodology
The index is calculated by the Federal Reserve based on monthly surveys of industrial facilities.
Historical Context
The Index 2017=100 is closely watched by policymakers, analysts, and investors to gauge the performance and trajectory of the U.S. industrial and manufacturing sectors.
Key Facts
- The index has a base year of 2017 with a value of 100.
- The index reached a record high of 103.3 in December 2021.
- The index experienced a sharp decline in early 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures 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 is a key indicator of overall economic activity and the health of the U.S. industrial and manufacturing sectors, making it highly relevant for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve calculates the index based on monthly surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers and central banks to assess the performance and trajectory of the U.S. industrial and manufacturing sectors, which informs economic policies and decision-making.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with a typical release lag of around two weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN453210W000000000), retrieved from FRED.