Contribution of Capital Intensity to Labor Productivity for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
Index 2017=100
IPUIN481C070000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.53
Year-over-Year Change
-2.87%
Date Range
1/1/1987 - 1/1/2023
Summary
The Index 2017=100 measures the volume of manufacturing production, excluding construction and utilities, in the United States. It is a key economic indicator for assessing 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 seasonally adjusted index that tracks changes in the physical volume of manufacturing output over time, using 2017 as the base year. It is an important metric for economists and policymakers to gauge the strength and trends in U.S. industrial production.
Methodology
The index is calculated by the Federal Reserve based on monthly surveys of manufacturing facilities.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other economic analysts to inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The index reached a record high of 109.7 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of manufacturing production in the United States, excluding construction and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is an important indicator of the health and performance of the U.S. manufacturing sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The index is calculated by the Federal Reserve based on monthly surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other economic analysts to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around 15 days.
Related Trends
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IPUIN493T051000000
Hours Worked for Transportation and Warehousing: Charter Bus Industry (NAICS 48551) in the United States
IPUIN48551L010000000
Output per Worker for Transportation and Warehousing: General Freight Trucking (NAICS 4841) in the United States
IPUIN4841W000000000
Hours Worked for Transportation and Warehousing: Other Pipeline Transportation (NAICS 4869) in the United States
IPUIN4869L010000000
Intermediate Inputs Intensity for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481P061000000
Sectoral Output Price Deflator for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN481C070000000), retrieved from FRED.