Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted
MABMBM01HUQ659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
24.89%
Date Range
1/1/1991 - 10/1/2013
Summary
This economic trend measures the year-over-year growth rate of manufacturing output in the United States on a quarterly basis, adjusted for seasonal variations. It provides insight into the health and momentum of the manufacturing sector, a key driver of economic 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
The Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted trend tracks the percentage change in manufacturing production compared to the same quarter of the prior year. This metric helps analysts and policymakers assess the underlying trajectory of the manufacturing industry and its contribution to overall economic growth.
Methodology
The data is calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to gauge the strength of the manufacturing economy and inform economic policy decisions.
Key Facts
- The manufacturing sector accounts for approximately 11% of U.S. GDP.
- The U.S. is the world's second-largest manufacturer, behind China.
- Manufacturing productivity has increased by over 50% since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of manufacturing output in the United States on a quarterly basis, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and momentum of the manufacturing sector, a key driver of economic activity, and helps inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, investors, and policymakers to gauge the strength of the manufacturing economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve, with a typical delay of 1-2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Growth Rate Same Period Previous Year, Quarterly, Seasonally Adjusted (MABMBM01HUQ659S), retrieved from FRED.