Output per Worker for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
Index 2017=100
IPUIN484230W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.60
Year-over-Year Change
22.65%
Date Range
1/1/2002 - 1/1/2022
Summary
The 'Index 2017=100' measures industrial production for the U.S. manufacturing, mining, and utility sectors. It is a widely watched 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 total volume of industrial production in the United States, with 2017 set as the base year with an index value of 100. It provides insight into the health and productivity of key sectors like manufacturing, mining, and utilities.
Methodology
The data is collected through surveys of industrial facilities and calculated as an index relative to 2017 production levels.
Historical Context
The industrial production index is closely monitored by policymakers, analysts, and investors as a signal of broader economic trends and conditions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Industrial production accounts for around 20% of U.S. economic output.
- The index covers manufacturing, mining, and utilities sectors.
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 sectors.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a widely watched indicator of economic activity and capacity utilization, providing insight into the health of key industrial sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as an index relative to 2017 production levels.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by policymakers, analysts, and investors as a signal of broader economic trends and conditions.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical 2-week release lag.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN484230W000000000), retrieved from FRED.