Labor Compensation for Transportation and Warehousing: Warehousing and Storage (NAICS 493) in the United States
Index 2017=100
IPUIN493U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238.53
Year-over-Year Change
246.33%
Date Range
1/1/1992 - 1/1/2024
Summary
The Index 2017=100 measures the volume of total industrial production in the United States. It is a key indicator of economic activity and the health of the manufacturing 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 monthly change in the total output of the U.S. industrial sector, including manufacturing, mining, and utilities. It is a widely followed metric used by economists, policymakers, and market analysts to assess the nation's industrial performance.
Methodology
The Federal Reserve calculates this index based on detailed data on output across a range of industrial categories.
Historical Context
The Index 2017=100 provides important insights into the momentum of the U.S. economy and is closely watched for signs of economic expansion or contraction.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- Industrial production accounts for around 20% of U.S. GDP.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 tracks 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 is a key indicator of the health and momentum of the U.S. economy, providing important insights into the performance of the industrial and manufacturing sectors.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles the index based on detailed data on output across a range of industrial categories.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, economists, and market analysts to assess the state of the U.S. economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve, with a typical delay of around one month from the end of the reference period.
Related Trends
Employment for Transportation and Warehousing: Warehousing and Storage (NAICS 493) in the United States
IPUIN493W200000000
Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 484220) in the United States
IPUIN484220W201000000
Employment for Transportation and Warehousing: Couriers and Express Delivery Services (NAICS 49211) in the United States
IPUIN49211W200000000
Sectoral Output for Transportation and Warehousing: Used Household and Office Goods Moving (NAICS 48421) in the United States
IPUIN48421T301000000
Unit Labor Costs for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110U101000000
Hours Worked for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 48423) in the United States
IPUIN48423L200000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUIN493U110000000), retrieved from FRED.