Index of Department Store Sales for United States
Index 1957-1959=100, Not Seasonally Adjusted
M062ABUSM350NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
229.00
Year-over-Year Change
8.53%
Date Range
1/1/1919 - 12/1/1963
Summary
This economic trend measures the Industrial Production Index, a key indicator of U.S. manufacturing output. It is an important gauge of the health and direction of the overall 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 Industrial Production Index tracks changes in the real output of the manufacturing, mining, and electric and gas utility industries. It is a widely-followed metric used by economists, policymakers, and market analysts to assess current economic conditions and forecast future trends.
Methodology
The data is collected and calculated monthly by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The Industrial Production Index is a critical input for evaluating monetary and fiscal policy decisions.
Key Facts
- The index uses 2017 as the base year.
- The index has a long history dating back to 1919.
- Movements in the index correlate closely with GDP growth.
FAQs
Q: What does this economic trend measure?
A: The Industrial Production Index tracks changes in the real output of the U.S. manufacturing, mining, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: The Industrial Production Index is a key economic indicator used by economists, policymakers, and market analysts to assess the health and direction of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated monthly by the U.S. Federal Reserve based on surveys of industrial facilities.
Q: How is this trend used in economic policy?
A: The Industrial Production Index is a critical input for evaluating monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The Industrial Production Index is published monthly with a typical release delay of around two weeks.
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Citation
U.S. Federal Reserve, Index 1957-1959=100, Not Seasonally Adjusted (M062ABUSM350NNBR), retrieved from FRED.