Production: Industry: Total Industry Excluding Construction for Russia
Growth rate previous period, Quarterly
PRINTO01RUQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.03
Year-over-Year Change
375.07%
Date Range
4/1/1993 - 10/1/2021
Summary
This economic indicator measures the quarterly growth rate of industrial production in the U.S. It is a key metric for assessing the health and momentum of the 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 industrial production growth rate tracks the quarterly percentage change in the total output of U.S. factories, mines, and utilities. It is widely followed by economists and policymakers as an important barometer of economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The industrial production growth rate informs Federal Reserve monetary policy decisions and is closely watched by financial markets.
Key Facts
- The U.S. industrial production index covers around 75% of the total industrial output.
- Manufacturing accounts for around 75% of total U.S. industrial production.
- Industrial production has rebounded strongly since the COVID-19 pandemic lows.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly percentage change in the total industrial output of U.S. factories, mines, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production growth rate is a key barometer of the health and momentum of the U.S. manufacturing sector, which is a vital part of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial facilities across the country.
Q: How is this trend used in economic policy?
A: The industrial production growth rate informs Federal Reserve monetary policy decisions and is closely watched by financial markets as an indicator of economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve with a lag of around 15 days after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Quarterly (PRINTO01RUQ657S), retrieved from FRED.