Employment for Information: Wired Telecommunications Carriers (NAICS 517311) in the United States
Index 2017=100
IPUJN517311W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77.61
Year-over-Year Change
-23.40%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in the level of total industrial production relative to the year 2017. It is a key indicator of overall economic activity in the United States.
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 total volume of industrial production, including manufacturing, mining, and utilities. This index is widely used by economists and policymakers to assess the health and direction of the U.S. economy.
Methodology
The data is collected through surveys of industrial facilities and calculated by the Federal Reserve.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The index base year is 2017.
- Industrial production accounts for around 20% of U.S. GDP.
- The index reached an all-time high in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in 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 2017=100 is a key indicator of overall economic activity and is closely watched by economists, policymakers, and market analysts to assess the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data 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 closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUJN517311W010000000), retrieved from FRED.