Gross Domestic Product: Manufacturing (31-33) in Missouri
Annual, Not Seasonally Adjusted
MOMANNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,378.30
Year-over-Year Change
50.16%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' series measures the total value of manufacturers' new orders for all manufactured goods in the United States on an annual, non-seasonally adjusted basis. This metric is a key indicator of economic activity and manufacturing health.
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 'Annual, Not Seasonally Adjusted' new orders series provides a comprehensive view of the overall demand for manufactured products in the U.S. economy. It is used by economists, policymakers, and analysts to assess trends in manufacturing, business investment, and industrial production.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
This indicator is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The series dates back to 1992.
- New orders reflect demand for a wide range of manufactured goods.
- The metric is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: The 'Annual, Not Seasonally Adjusted' series measures the total value of new orders received by U.S. manufacturers for all manufactured goods on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall manufacturing activity and business investment in the U.S. economy, making it highly relevant for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely monitor this indicator to assess the health of the manufacturing sector and inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The 'Annual, Not Seasonally Adjusted' data is released monthly by the Census Bureau, with a typical update delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, 'Annual, Not Seasonally Adjusted' (MOMANNGSP), retrieved from FRED.