Production: Mining: Total for Austria

Quarterly, Not Seasonally Adjusted

PRMITO01ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

79.56

Year-over-Year Change

-15.14%

Date Range

1/1/1990 - 7/1/2023

Summary

This trend measures quarterly total manufacturing output in the United States, providing insights into the health and productivity 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 Quarterly, Not Seasonally Adjusted manufacturing output trend tracks the total volume of goods produced by U.S. manufacturers on a quarterly basis, without adjustments for seasonal variations. It serves as an important indicator of the manufacturing industry's performance and can inform economic analysis and policymaking.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing establishments.

Historical Context

This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the U.S. economy and guide economic decision-making.

Key Facts

  • Manufacturing accounts for over 11% of U.S. GDP.
  • Quarterly manufacturing output has increased by 25% 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 total volume of goods produced by U.S. manufacturing establishments on a quarterly basis, without adjusting for seasonal variations.

Q: Why is this trend relevant for users or analysts?

A: Quarterly manufacturing output is a key indicator of the health and productivity of the U.S. industrial sector, providing insights that can inform economic analysis and policy decisions.

Q: How is this data collected or calculated?

A: The U.S. Federal Reserve collects and calculates this data based on surveys of manufacturing establishments across the country.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this trend to assess the state of the U.S. economy and make informed decisions regarding fiscal, monetary, and industrial policies.

Q: Are there update delays or limitations?

A: The Quarterly, Not Seasonally Adjusted manufacturing output data is published by the Federal Reserve with a lag of approximately two months.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMITO01ATQ661N), retrieved from FRED.