Labor Compensation for Information: Broadcasting (Except Internet) (NAICS 515) in the United States
Index 2017=100
IPUJN515U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.08
Year-over-Year Change
26.56%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the total industrial production of manufacturing, mining, and electric and gas utilities in the United States, with 2017 as the base year. This comprehensive index is a key indicator of the health and direction of the U.S. economy.
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 is a broad measure of real output for all facilities located in the United States manufacturing, mining, and electric and gas utility industries. It is a widely-followed indicator that provides insight into the overall performance and trends of the U.S. industrial sector.
Methodology
The data is collected through surveys of industrial facilities and calculated by the Federal Reserve.
Historical Context
The Index 2017=100 is used by policymakers, analysts, and businesses to assess the state of the U.S. economy and make informed decisions.
Key Facts
- The index has a base year of 2017, where the value is set to 100.
- The index covers approximately 75% of the total industrial production in the United States.
- Trends in the index are closely watched as an indicator of the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total industrial production of manufacturing, mining, and electric and gas utilities in the United States, with 2017 as the base year.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a widely-followed indicator that provides insight into the overall performance and trends of the U.S. industrial sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data for the Index 2017=100 is collected through surveys of industrial facilities and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by policymakers, analysts, and businesses to assess the state of the U.S. economy and make informed decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUJN515U110000000), retrieved from FRED.