Growth Rate Previous Period, Annual, Not Seasonally Adjusted
MANMNM01INA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.28
Year-over-Year Change
-16.91%
Date Range
1/1/1956 - 1/1/2013
Summary
This economic trend measures the annual growth rate of manufacturing output, which is a key indicator of industrial production and 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 of manufacturing output provides insights into the health and momentum of the manufacturing sector, a critical component of the U.S. economy. Analysts and policymakers closely monitor this metric to assess economic conditions and guide decision-making.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as the percent change from the previous year.
Historical Context
This trend is widely used by economists, investors, and policymakers to gauge the strength of the manufacturing industry and overall economic performance.
Key Facts
- Manufacturing accounts for about 12% of U.S. GDP.
- The U.S. is the world's second-largest manufacturer, behind China.
- Manufacturing productivity has increased by over 2% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual growth rate of manufacturing output in the United States, providing insights into the performance of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The growth rate of manufacturing output is a critical indicator of industrial activity and economic health, making it important for analysts, investors, and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as the percent change from the previous year.
Q: How is this trend used in economic policy?
A: Policymakers and central banks closely track this metric to assess the state of the economy and guide decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Growth Rate Previous Period, Annual, Not Seasonally Adjusted (MANMNM01INA657S), retrieved from FRED.