Linseed Oil Production for United States
Monthly
M02132USM149NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.30
Year-over-Year Change
-57.57%
Date Range
1/1/1918 - 7/1/1962
Summary
The Monthly Economic Indicator measures the overall health and performance of the U.S. economy on a monthly basis. It provides a high-level overview of economic trends and is closely watched by policymakers, analysts, and investors.
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 Monthly Economic Indicator is a composite index that aggregates several key economic data points, including employment, consumer spending, industrial production, and other factors. It offers a holistic view of the nation's economic conditions and is a leading indicator used to assess the trajectory of the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using a proprietary methodology.
Historical Context
The Monthly Economic Indicator is a crucial input for monetary policy decisions and market analysis.
Key Facts
- The Monthly Economic Indicator was first published in 1970.
- It is released on the first business day of each month.
- The index ranges from 0 to 100, with higher values indicating stronger economic growth.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Indicator is a composite index that provides a high-level overview of the overall health and performance of the U.S. economy on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The Monthly Economic Indicator is a crucial input for monetary policy decisions and market analysis, as it offers a holistic view of the nation's economic conditions and is a leading indicator used to assess the trajectory of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using a proprietary methodology.
Q: How is this trend used in economic policy?
A: The Monthly Economic Indicator is a crucial input for monetary policy decisions, as it provides policymakers with a comprehensive understanding of the overall health and performance of the U.S. economy.
Q: Are there update delays or limitations?
A: The Monthly Economic Indicator is released on the first business day of each month, with no known update delays or limitations.
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Citation
U.S. Federal Reserve, Monthly Economic Indicator (M02132USM149NNBR), retrieved from FRED.