Index of Production of Stone, Clay, and Glass Products for United States
M0258AUSM343NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
200.00
Year-over-Year Change
-1.48%
Date Range
1/1/1919 - 12/1/1947
Summary
The Index of Production of Stone, Clay, and Glass Products tracks the monthly changes in the output of industries that manufacture non-metallic mineral products, such as glass, cement, and ceramics. This metric is an important economic indicator for monitoring the health of the construction and manufacturing sectors.
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 of Production of Stone, Clay, and Glass Products is a key measure of industrial activity in the United States. It provides insights into the production volumes and market trends for a diverse range of non-metallic mineral products that are crucial inputs for construction, infrastructure, and various manufacturing processes.
Methodology
This index is calculated by the U.S. Federal Reserve based on data collected from surveys of businesses in the stone, clay, and glass industries.
Historical Context
Policymakers and economists analyze this index to gauge the overall strength of the U.S. economy and make informed decisions about monetary and fiscal policies.
Key Facts
- The index uses 2017 as the base year.
- Glass and glass product manufacturing accounts for the largest share of the index.
- The index reached a record high of 125.7 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index of Production of Stone, Clay, and Glass Products measures the monthly changes in the output of industries that manufacture non-metallic mineral products, such as glass, cement, and ceramics.
Q: Why is this trend relevant for users or analysts?
A: This index is an important indicator of the health of the construction and manufacturing sectors, as the products it tracks are crucial inputs for various industries.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on data collected from surveys of businesses in the stone, clay, and glass industries.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this index to gauge the overall strength of the U.S. economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve, with a typical delay of around two months from the end of the reference period.
Related Trends
Value of Permits for New Buildings for Detroit, MI
A0249AUS19820A398NNBR
Increases in Railroad Mileage Owned for United States
A0283AUSA374NNBR
Cost of Railroad Construction, Total for Germany
A0287BDEA401NNBR
New Private Housing Units Authorized by Building Permits for United States
M02J4BUSM495NNBR
Gross Tonnage of Yachts Built for United States
A02102USA309NNBR
Steel Rail Consumption for Great Britain
A0284EGBA576NNBR
Citation
U.S. Federal Reserve, Index of Production of Stone, Clay, and Glass Products for United States (M0258AUSM343NNBR), retrieved from FRED.