Labor Productivity for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 493120) in the United States
Index 2017=100
IPUIN493120L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.83
Year-over-Year Change
-1.85%
Date Range
1/1/1992 - 1/1/2022
Summary
The Index 2017=100 measures the total industrial production output of the U.S. manufacturing, mining, and electric and gas utility sectors, providing a comprehensive gauge of economic activity.
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 total volume of goods produced by U.S. industry, a key indicator of the overall health and direction of the economy. It is used by economists, policymakers, and analysts to assess industrial performance and production trends.
Methodology
The data is collected through surveys of industrial facilities and calculated as a seasonally adjusted index based on 2017 as the reference year.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It covers output from mining, utilities, and all manufacturing industries.
- The index is released monthly by the Federal Reserve.
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 Index 2017=100 is a key indicator of overall economic activity and industrial performance, providing insights for policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as a seasonally adjusted index with 2017 as the reference year.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other government agencies to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve with minimal delays, providing timely insights into industrial production trends.
Related Trends
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IPUIN4911T011000000
Output per Worker for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
IPUIN48411W000000000
Sectoral Output Price Deflator for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491T050000000
Output per Worker for Transportation and Warehousing: Postal Service (NAICS 4911) in the United States
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Sectoral Output Price Deflator for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 49312) in the United States
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Employment for Transportation and Warehousing: Rail Transportation (NAICS 48211) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN493120L000000000), retrieved from FRED.