Total Factor Productivity for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
Index 2017=100
IPUIN482111M000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96.30
Year-over-Year Change
-1.72%
Date Range
1/1/1987 - 1/1/2023
Summary
The Index 2017=100 measures the monthly production output of the U.S. mining, utilities, and manufacturing sectors. This key indicator helps economists and policymakers assess the health and direction of the industrial economy.
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 a weighted average of output across the mining, utilities, and manufacturing industries. The index is scaled so that the average output level in 2017 equals 100, allowing for easy interpretation of changes over time.
Methodology
The data is collected through monthly surveys of industrial producers and compiled by the U.S. Federal Reserve.
Historical Context
The index provides timely insight into the industrial portion of the U.S. economy, which is a critical driver of overall economic growth and employment.
Key Facts
- The index uses 2017 as its base year with an average value of 100.
- Manufacturing accounts for over 75% of the total index weight.
- The index reached an all-time high of 104.7 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production output of the U.S. mining, utilities, and manufacturing sectors.
Q: Why is this trend relevant for users or analysts?
A: This key indicator helps economists and policymakers assess the health and direction of the industrial economy, which is a critical driver of overall U.S. economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial producers and compiled by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The index provides timely insight into the industrial portion of the U.S. economy, which is closely monitored by policymakers and market analysts.
Q: Are there update delays or limitations?
A: The index is published monthly with a lag of around one month.
Related Trends
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IPUIN486L010000000
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IPUIN48541W200000000
Unit Labor Costs for Transportation and Warehousing: General Freight Trucking, Local (NAICS 484110) in the United States
IPUIN484110U101000000
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IPUIN493120W001000000
Employment for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
IPUIN48411W200000000
Hours Worked for Transportation and Warehousing: Scenic and Sightseeing Transportation, Land (NAICS 48711) in the United States
IPUIN48711L010000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN482111M000000000), retrieved from FRED.