Capital Input for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
Index 2017=100
IPUIN481C010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.85
Year-over-Year Change
7.95%
Date Range
1/1/1987 - 1/1/2023
Summary
The Index 2017=100 measures the monthly change in industrial production, a key indicator of overall economic activity in the United States. This trend is closely watched by economists and policymakers to 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 production index that tracks the total output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a broad measure of real economic output and an important barometer of the nation's economic performance.
Methodology
The data is collected through surveys of industrial facilities and calculated based on a comprehensive sample of the U.S. industrial sector.
Historical Context
The Index 2017=100 is a leading economic indicator used by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions.
Key Facts
- The index is benchmarked to 2017 with a value of 100.
- Manufacturing accounts for over 75% of the total index.
- The index reached a record high of 110.5 in December 2019.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in the total 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 industrial production index is a key indicator of overall economic activity and the health of the manufacturing sector, making it highly relevant for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated based on a comprehensive sample of the U.S. industrial sector.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other policymakers to inform monetary and fiscal policy decisions, as it provides insights into the strength of the manufacturing and broader industrial sectors.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release delay of around 15 days after the end of the reference month.
Related Trends
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN481C010000000), retrieved from FRED.