Hourly Compensation for Information: Newspaper Publishers (NAICS 511110) in the United States
Index 2017=100
IPUJN511110U120000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.09
Year-over-Year Change
56.58%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' trend measures the monthly change in total industrial production for the total manufacturing sector in the United States. It is a key indicator of economic activity and productivity.
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 overall volume of production across the U.S. manufacturing industry. It is widely used by economists and policymakers to assess the health and performance of the broader economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of manufacturing facilities.
Historical Context
Changes in the index can inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2017.
- Readings above 100 indicate production growth.
- The index fell sharply during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in total industrial production for the U.S. manufacturing sector. It is a key gauge of overall economic activity and productivity.
Q: Why is this trend relevant for users or analysts?
A: The index is widely monitored by economists, policymakers, and investors as an important indicator of the health and performance of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through monthly surveys of manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: Changes in the index can inform monetary and fiscal policy decisions, as it reflects broader trends in industrial production and economic activity.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical 2-week lag from the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUJN511110U120000000), retrieved from FRED.