Employment for Transportation and Warehousing: Charter Bus Industry (NAICS 4855) in the United States
Index 2017=100
IPUIN4855W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.32
Year-over-Year Change
-24.14%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' measures industrial production for the U.S. manufacturing sector. This key indicator provides insight into the overall health and output of the nation's factories and workshops.
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 changes in the volume of industrial production, including output from manufacturing, mining, and electric and gas utilities. It serves as an important barometer for monitoring the business cycle and can inform economic policymaking.
Methodology
The Federal Reserve compiles this index based on survey data from a sample of manufacturing and industrial facilities across the country.
Historical Context
The industrial production index is closely watched by economists, financial analysts, and policymakers as an indicator of the broader economy's performance.
Key Facts
- The base year for the index is 2017, set to a value of 100.
- Manufacturing accounts for over 75% of the total industrial production index.
- 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 volume of industrial production, including manufacturing, mining, and utilities output in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the overall health of the U.S. economy, providing insight into the performance and output of the nation's factories, mines, and power plants.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this index based on survey data from a sample of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The industrial production index is closely monitored by economists and policymakers as a barometer of the broader business cycle, informing decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve, with a typical lag of around six weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN4855W010000000), retrieved from FRED.