Production: Manufacturing: Total
OECDPRMNTO01GYSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.39
Year-over-Year Change
-121.50%
Date Range
1/1/1991 - 5/1/2025
Summary
The 'Production: Manufacturing: Total' trend measures the overall output of the manufacturing sector in the United States. It is a key indicator of economic health and industrial 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 index tracks the volume of manufacturing production, providing insight into the strength and trajectory of the U.S. industrial economy. Economists and policymakers closely monitor this data to assess the performance and outlook of the manufacturing industry.
Methodology
The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD).
Historical Context
This trend is used to inform economic policy decisions and provide context for market analysis.
Key Facts
- Manufacturing accounts for around 11% of U.S. GDP.
- The manufacturing sector employs over 12 million workers in the U.S.
- Manufacturing productivity has increased by over 50% since the early 2000s.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Manufacturing: Total' trend measures the overall output and volume of production in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the health and performance of the U.S. industrial economy, which is a key driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Organization for Economic Cooperation and Development (OECD).
Q: How is this trend used in economic policy?
A: Policymakers and economists use this manufacturing production data to inform decisions and provide context for assessments of the broader economic outlook.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total (OECDPRMNTO01GYSAM), retrieved from FRED.