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Index 2017=100
IPUJN511210W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.75
Year-over-Year Change
124.39%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures manufacturing production in the United States. It is a key indicator of industrial activity and economic health.
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 production of U.S. manufacturing industries, with 2017 as the base year. It is used by economists and policymakers to assess the strength and trajectory of the manufacturing sector.
Methodology
The index is calculated by the U.S. Federal Reserve based on data collected from manufacturing facilities.
Historical Context
The Index 2017=100 provides important insights into the state of the U.S. economy and is closely monitored by financial markets and government agencies.
Key Facts
- The index has a base year of 2017, with a value of 100.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The index reached an all-time high of 108.5 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production of U.S. manufacturing industries, providing a gauge of industrial activity.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and performance of the U.S. manufacturing sector, which is an important driver of economic growth.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on data collected directly from manufacturing facilities.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, economists, and financial markets to assess the state of the U.S. economy and inform 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 two weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUJN511210W010000000), retrieved from FRED.