Manufacturing Sector: Real Sectoral Output
MPU9900512 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.82
Year-over-Year Change
1.44%
Date Range
1/1/1987 - 1/1/2023
Summary
The Manufacturing Sector: Real Sectoral Output measures the real volume of output for the U.S. manufacturing industry. It is a key indicator of economic activity and production trends.
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 represents the Federal Reserve's estimate of the total industrial production of the U.S. manufacturing sector, adjusted for inflation. It is used by economists and policymakers to assess the health and performance of the manufacturing industry.
Methodology
The data is calculated based on detailed production surveys and other inputs collected by the Federal Reserve.
Historical Context
Trends in manufacturing output provide insight into the broader economy and can inform monetary and fiscal policy decisions.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- Real manufacturing output has increased by over 20% since 2009.
- The U.S. is the world's second-largest manufacturer after China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real volume of output for the U.S. manufacturing industry, adjusting for inflation.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing output provide important insights into the health and performance of a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve based on detailed production surveys and other inputs.
Q: How is this trend used in economic policy?
A: Monitoring manufacturing output trends can inform monetary and fiscal policy decisions by policymakers and economists.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Manufacturing Sector: Real Sectoral Output (MPU9900512), retrieved from FRED.