Employment for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 488210) in the United States
Index 2017=100
IPUIN488210W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.70
Year-over-Year Change
37.90%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly change in total industrial production, including manufacturing, mining, and utilities. It is a key economic indicator used to assess the overall health 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 total volume of output from the U.S. industrial sector, which includes manufacturing, mining, and utilities. It is a widely-followed economic indicator that provides insight into the current state and near-term trajectory of industrial activity in the country.
Methodology
The data is collected through monthly surveys of industrial facilities and calculated based on a comprehensive measure of real output.
Historical Context
Policymakers and analysts closely monitor the Index 2017=100 to gauge the performance of the U.S. industrial economy and inform decisions around economic and monetary policy.
Key Facts
- The Index 2017=100 has a base year of 2017.
- It covers around 75% of the total industrial output in the United States.
- Industrial production accounts for approximately 16% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in the total volume of output from the U.S. industrial sector, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator of the overall health and performance of the U.S. industrial economy, providing valuable insights for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated based on a comprehensive measure of real output.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Index 2017=100 to gauge the performance of the U.S. industrial economy and inform decisions around economic and monetary policy.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the U.S. Federal Reserve, with a typical release lag of around two weeks.
Related Trends
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN488210W010000000), retrieved from FRED.