Real Sectoral Output for Retail Trade: Other Direct Selling Establishments (NAICS 454390) in the United States
Index 2017=100
IPUHN454390T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.00
Year-over-Year Change
50.92%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of industrial production for the Nondurable Goods Manufacturing sector in the United States. It is a key indicator of economic activity and capacity utilization.
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 output of the nondurable goods manufacturing industry, which includes sectors like food, beverage, textile, and apparel production. It is used by economists and policymakers to assess the health and trajectory of the broader industrial economy.
Methodology
The index is calculated based on monthly surveys of a representative sample of industrial establishments.
Historical Context
The Index 2017=100 provides important insights into consumer demand, inventory levels, and the overall strength of the manufacturing sector.
Key Facts
- The base year for the index is 2017.
- Nondurable goods account for over 40% of total industrial production.
- The index reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of industrial production for the Nondurable Goods Manufacturing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of economic activity and capacity utilization, providing insights into consumer demand, inventory levels, and the overall strength of the manufacturing sector.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of a representative sample of industrial establishments.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by economists and policymakers to assess the health and trajectory of the broader industrial economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN454390T010000000), retrieved from FRED.