Chain-Type Quantity Index for Real GDP: Information (51) in Minnesota
Quarterly, Seasonally Adjusted
MNINFOQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.53
Year-over-Year Change
12.08%
Date Range
1/1/2005 - 1/1/2025
Summary
The 'Quarterly, Seasonally Adjusted' economic trend measures U.S. manufacturing industrial production, a key indicator of 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 series tracks changes in the output of manufacturing industries in the United States on a quarterly basis, with seasonal adjustments to account for predictable variations throughout the year. It is a vital gauge of the broader industrial sector and overall economic conditions.
Methodology
The Federal Reserve collects and compiles this data through surveys of manufacturing facilities across the country.
Historical Context
Policymakers and analysts closely monitor manufacturing production to assess the strength of the U.S. economy and inform decision-making.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- The index has a base year of 2017 = 100.
- Data is released on a quarterly basis by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The 'Quarterly, Seasonally Adjusted' trend measures the total industrial production of U.S. manufacturing industries on a quarterly basis, with adjustments for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing output is a crucial indicator of the broader health and direction of the U.S. economy, providing insights for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The Federal Reserve compiles this data through surveys of manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor manufacturing production to assess the strength of the industrial sector and overall economic conditions, informing decision-making.
Q: Are there update delays or limitations?
A: The 'Quarterly, Seasonally Adjusted' data is released on a quarterly basis by the Federal Reserve, with a typical delay of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (MNINFOQQGSP), retrieved from FRED.