Sectoral Output for Information: Wired Telecommunications Carriers (NAICS 517311) in the United States
IPUJN517311T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.60
Year-over-Year Change
-316.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The sectoral output trend for wired telecommunications carriers in the United States provides an important measure of economic activity and productivity in this key industry.
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
This index tracks the monthly production output of firms in the wired telecommunications carriers industry, which includes companies that operate and maintain switching and transmission facilities to provide direct communications via wired telecommunications networks.
Methodology
The data is collected through the Federal Reserve's monthly industrial production survey.
Historical Context
The wired telecom output index is closely monitored by economists and policymakers to gauge the health of the communications sector.
Key Facts
- Wired telecom accounts for over 40% of the information industry's economic output.
- The index has a base year of 2017 = 100.
- Output declined sharply during the 2020 recession but has since recovered.
FAQs
Q: What does this economic trend measure?
A: This index tracks the monthly production output of firms in the wired telecommunications carriers industry, a key component of the information sector.
Q: Why is this trend relevant for users or analysts?
A: The wired telecom output index provides important insights into the performance and productivity of this critical communications infrastructure industry.
Q: How is this data collected or calculated?
A: The data is collected through the Federal Reserve's monthly industrial production survey.
Q: How is this trend used in economic policy?
A: The wired telecom output index is closely monitored by economists and policymakers to gauge the health of the communications sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Sectoral Output for Information: Wired Telecommunications Carriers (NAICS 517311) in the United States (IPUJN517311T301000000), retrieved from FRED.