Hours Worked for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 493120) in the United States
Index 2017=100
IPUIN493120L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.39
Year-over-Year Change
41.31%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks the volume of industrial production in the United States. It is a key indicator of overall economic activity and manufacturing trends.
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 measures the real output of the U.S. industrial sector, including manufacturing, mining, and electric and gas utilities. It is a widely followed barometer of the nation's economic health and industrial performance.
Methodology
The index is calculated based on monthly surveys of a representative sample of industrial establishments.
Historical Context
The Index 2017=100 is closely monitored by policymakers, economists, and investors to assess the strength of the U.S. economy.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It covers approximately 300 individual series, classified under major industry groups.
- The index is a closely watched metric of the U.S. economy's industrial activity.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the 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 overall economic activity and manufacturing performance, closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The index is calculated based on monthly surveys of a representative sample of industrial establishments.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by policymakers, economists, and investors to assess the strength and direction of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is published monthly with a short delay, providing timely insights into the state of U.S. industrial production.
Related Trends
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IPUIN483W200000000
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Hours Worked for Transportation and Warehousing: Water Transportation (NAICS 483) in the United States
IPUIN483L200000000
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Labor Compensation for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 48423) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN493120L010000000), retrieved from FRED.