Gross Domestic Product: All Industry Total in Massachusetts
Quarterly, Seasonally Adjusted Annual Rate
MANQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
798,057.00
Year-over-Year Change
17.80%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (MANQGSP) measures the annualized change in real manufacturing output. It is a key indicator of the health and productivity of the U.S. manufacturing sector.
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 MANQGSP series tracks the quarter-over-quarter, seasonally adjusted change in total real output of the U.S. manufacturing industry. It provides a timely snapshot of the sector's performance and is widely used by economists and policymakers to assess the state of the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Historical Context
The MANQGSP trend is closely monitored for insights into monetary and fiscal policy decisions.
Key Facts
- MANQGSP is reported on a quarterly basis.
- The series is adjusted for seasonal variations.
- Manufacturing accounts for about 12% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate (MANQGSP) measures the annualized change in real output of the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: MANQGSP is a key indicator of manufacturing productivity and a crucial input for assessing the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing firms.
Q: How is this trend used in economic policy?
A: The MANQGSP trend is closely monitored by policymakers, economists, and investors for insights that inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The MANQGSP data is released quarterly with a short lag, providing timely information on the manufacturing sector's performance.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (MANQGSP), retrieved from FRED.