Labor Compensation for Retail Trade: Office Supplies and Stationery Stores (NAICS 45321) in the United States
Index 2017=100
IPUHN45321U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.44
Year-over-Year Change
-33.75%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in the volume of U.S. industrial production. It is a key indicator of economic activity and helps analysts 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 monthly economic indicator published by the Federal Reserve. It tracks the real output of the U.S. industrial sector, including factories, mines, and utilities. The index is a valuable tool for monitoring trends in domestic industrial activity.
Methodology
The index is calculated based on monthly surveys of industrial facilities across the country.
Historical Context
Policymakers and investors closely follow the Index 2017=100 to gauge the broader state of the U.S. economy.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- The index covers output from factories, mines, and utilities.
- The index is a closely watched indicator of U.S. economic health.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the real volume of industrial production across 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 economic activity and helps analysts assess the strength of the U.S. industrial sector and broader economy.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of industrial facilities conducted by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor the Index 2017=100 to gauge the overall health of the U.S. economy and make informed decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly with a typical lag of about one month from the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN45321U110000000), retrieved from FRED.