Output per Worker for Information: Wireless Telecommunications Carriers (Except Satellite) (NAICS 517312) in the United States
Index 2017=100
IPUJN517312W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.48
Year-over-Year Change
245.62%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of total industrial production in the United States, including manufacturing, mining, and utilities. This broad indicator provides insight into the overall health and performance of the U.S. industrial sector.
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 output of the U.S. industrial sector, adjusting for seasonal variations. It is a key barometer of economic activity, used by policymakers, analysts, and businesses to gauge the strength and trajectory of the industrial economy.
Methodology
The Federal Reserve compiles this index based on surveys of a representative sample of industrial facilities across the country.
Historical Context
The Index 2017=100 is closely monitored for signals about the broader U.S. economic outlook and potential policy responses.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- Industrial production accounts for approximately 16% of U.S. GDP.
- The index covers a diverse range of industries, from mining to utilities.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures 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: This broad indicator provides valuable insights into the overall health and performance of the U.S. industrial sector, which is an important driver of economic growth.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this index based on surveys of a representative sample of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, economists, and market participants for signals about the broader U.S. economic outlook and potential policy responses.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly by the Federal Reserve, with a typical publication delay of around two weeks.
Related Trends
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IPUJN51791L010000000
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Hours Worked for Information: Satellite Telecommunications (NAICS 51741) in the United States
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUJN517312W000000000), retrieved from FRED.