Seasonally Adjusted
PBF4QSASD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
243.00
Year-over-Year Change
-0.82%
Date Range
7/1/2004 - 10/1/2019
Summary
The Seasonally Adjusted (PBF4QSASD) series measures the seasonally adjusted value of production-based manufacturing output. It is a key indicator of the health and direction 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 Seasonally Adjusted (PBF4QSASD) metric adjusts manufacturing production data to account for regular seasonal fluctuations, providing a clearer picture of underlying trends. It is widely used by economists, policymakers, and analysts to assess the state of the U.S. industrial economy.
Methodology
The data is collected and adjusted for seasonal variations by the U.S. Federal Reserve.
Historical Context
This series is closely monitored to gauge the broader economic climate and inform policy decisions.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- The U.S. is the world's second-largest manufacturer after China.
- Seasonal adjustments help isolate underlying economic trends.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted (PBF4QSASD) series measures the seasonally adjusted value of manufacturing production in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of the health and direction of the U.S. manufacturing sector, which is closely watched by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and adjusted for seasonal variations by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted (PBF4QSASD) series is closely monitored to gauge the broader economic climate and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays, providing timely insights into the manufacturing sector.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (PBF4QSASD), retrieved from FRED.