Employment for Educational Services: Elementary and Secondary Schools (NAICS 6111) in the United States
Index 2017=100
IPUQN6111W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.85
Year-over-Year Change
35.07%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in the total production output of the U.S. manufacturing sector. This key economic indicator provides insights into the health and performance of the broader 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 measure of industrial production published by the U.S. Federal Reserve. It tracks monthly changes in the total volume of goods produced by U.S. manufacturers, utilities, and mining operations, with 2017 as the base year.
Methodology
The data is collected through surveys of industrial facilities and calculated using a comprehensive system of production-weighted industry indices.
Historical Context
The Index 2017=100 is closely monitored by economists, policymakers, and market analysts as an important signal of macroeconomic conditions and industrial activity.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for over 75% of the total index.
- The index reached an all-time high of 108.5 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of goods produced by U.S. manufacturers, utilities, and mining operations on a monthly basis.
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. industrial sector, providing insights into broader economic conditions and growth.
Q: How is this data collected or calculated?
A: The Federal Reserve collects data through surveys of industrial facilities and calculates the index using a comprehensive system of production-weighted industry indices.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by economists, policymakers, and market analysts as an important signal of macroeconomic conditions and industrial activity.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release lag of around 15 days.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUQN6111W010000000), retrieved from FRED.