Employment for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
Index 2017=100
IPUIN48412W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.28
Year-over-Year Change
8.89%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of U.S. industrial production, a key indicator of economic activity and growth.
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 total production of U.S. factories, mines, and utilities. It is a widely followed metric that economists use to assess the health and momentum of the manufacturing sector.
Methodology
The data is compiled by the Federal Reserve based on surveys of industrial facilities.
Historical Context
The index is a leading indicator monitored by policymakers and investors.
Key Facts
- The index uses 2017 as its base year, with a value of 100.
- Manufacturing accounts for over 75% of the total industrial production index.
- The index reached a record high of 107.5 in December 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures 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 economic health and activity, providing insight into the strength of the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is compiled by the Federal Reserve based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and investors closely monitor the industrial production index as a leading indicator of economic growth and potential inflationary pressures.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical delay of around two weeks.
Related Trends
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IPUIN491110U100000000
Hours Worked for Transportation and Warehousing: Support Activities for Transportation (NAICS 488) in the United States
IPUIN488L010000000
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IPUIN4841U120000000
Sectoral Output Price Deflator for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110T051000000
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IPUIN484220T011000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN48412W010000000), retrieved from FRED.