Production: Manufacturing: Total Manufacturing for Luxembourg
Growth rate same period previous year, Monthly, Seasonally Adjusted
LUXPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.18
Year-over-Year Change
-16.57%
Date Range
1/1/1956 - 5/1/2025
Summary
This economic trend measures the year-over-year growth rate of monthly industrial production, adjusted for seasonal variations. It provides insight into the pace of manufacturing and industrial activity in 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 growth rate same period previous year is an important indicator of the momentum and cyclical changes in industrial production. Economists and policymakers monitor this metric to assess the health and direction of the manufacturing sector, which is a key driver of overall economic growth.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
This trend is closely watched by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The trend has a base year of 2017.
- It covers a diverse range of industrial sectors, including mining, utilities, and manufacturing.
- Positive growth indicates an expanding industrial economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of monthly industrial production in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of industrial production is a key indicator of the health and direction of the manufacturing sector, which is a critical driver of overall economic growth. Monitoring this trend helps economists and policymakers assess the strength of the industrial economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions closely monitor this trend to inform monetary and fiscal policy decisions, as it provides insights into the state of manufacturing and industrial activity in the U.S. economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical delay of around one month.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Monthly, Seasonally Adjusted (LUXPRMNTO01GYSAM), retrieved from FRED.