Output per Worker for Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States
Index 2017=100
IPUIN4842W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.62
Year-over-Year Change
15.33%
Date Range
1/1/2002 - 1/1/2024
Summary
The Index 2017=100 measures the production of major industrial commodities. It is a key economic indicator used to assess the health and direction of the U.S. industrial 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 tracks the volume of output across a broad range of industrial activities, including manufacturing, mining, and utilities. It is a vital metric for economists and policymakers to monitor the overall state of industrial production in the United States.
Methodology
The data is collected through monthly surveys of industrial facilities and calculated as an index with a base year of 2017.
Historical Context
The Index 2017=100 provides important insights into the performance of the industrial economy, which can inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2017 with a value of 100.
- It covers a diverse range of industrial activities, including factories, mines, and utilities.
- Changes in the index are closely watched by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the overall 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 index is a key indicator of the health and direction of the U.S. industrial sector, providing important insights for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated as an index with a base year of 2017.
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 help inform monetary and fiscal policy decisions that impact the industrial economy.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with a typical delay of a few weeks from the end of the reference period.
Related Trends
Labor Productivity for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491L000000000
Sectoral Output for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412T300000000
Output per Worker for Transportation and Warehousing: Warehousing and Storage (NAICS 4931) in the United States
IPUIN4931W001000000
Hourly Compensation for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
IPUIN48411U121000000
Output per Worker for Transportation and Warehousing: General Freight Trucking, Local (NAICS 484110) in the United States
IPUIN484110W000000000
Output per Worker for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110W000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN4842W000000000), retrieved from FRED.