Index of Sales by Five and Ten Cent Variety Store Chains for United States
Index 1923-1925=100
M0604AUSM331SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
164.00
Year-over-Year Change
35.54%
Date Range
1/1/1919 - 3/1/1934
Summary
The 'Index 1923-1925=100' measures the volume of industrial production in Australia, a key indicator of the country's economic health and activity.
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
This index tracks changes in the total output of Australian factories, mines, and utilities, providing a comprehensive overview of the industrial sector. It is a widely followed metric for evaluating the performance of the Australian economy.
Methodology
The data is collected through surveys of industrial establishments and calculated as a weighted index.
Historical Context
The index is used by policymakers, analysts, and businesses to assess the direction and pace of the Australian economy.
Key Facts
- The index uses 1923-1925 as the base period with a value of 100.
- It covers over 400 industrial products across 19 industry groups.
- The index is published monthly by the Australian Bureau of Statistics.
FAQs
Q: What does this economic trend measure?
A: The 'Index 1923-1925=100' measures the total volume of industrial production in Australia, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the overall health and performance of the Australian economy, providing insight into the industrial sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated as a weighted index by the Australian Bureau of Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this index to assess the direction and pace of the Australian economy, informing decision-making and economic forecasts.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Index 1923-1925=100 (M0604AUSM331SNBR), retrieved from FRED.