Production: Manufacturing: Total Manufacturing for Israel
Growth rate previous period
PRMNTO01ILA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.02
Year-over-Year Change
-121.69%
Date Range
1/1/1991 - 1/1/2024
Summary
This economic trend measures the growth rate of the manufacturing production index, providing insights into the health and momentum of the U.S. industrial 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 growth rate previous period metric tracks the month-over-month percentage change in the manufacturing production index, a key indicator of industrial activity. It offers a timely gauge of manufacturing output and capacity utilization, which are closely watched by economists and policymakers.
Methodology
The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities.
Historical Context
This metric is widely used to assess the current state and near-term outlook for the U.S. economy.
Key Facts
- The manufacturing production index covers around 75% of total industrial output.
- Growth rates typically range between -5% and +5% on a monthly basis.
- Sustained negative growth signals potential recessions or manufacturing downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the month-over-month percentage change in the U.S. manufacturing production index, a key indicator of industrial activity and economic health.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing growth rate provides a timely and influential signal about the momentum and direction of the U.S. industrial sector, which is closely watched by economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on monthly surveys of manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: Manufacturing growth rates are a key input for policymakers at the Federal Reserve and other institutions when assessing the overall state of the economy and determining appropriate monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The manufacturing production index and growth rates are published monthly by the Federal Reserve with a lag of around one month.
Related Trends
Infra-Annual Labor Statistics: Inactivity Rate Male: From 25 to 54 Years for Israel
LRIN25MAILA156N
Amount Outstanding of Total Debt Securities in General Government Sector, All Maturities, Residence of Issuer in Israel
TDSAMRIAOGGIL
Ease of doing business index for Israel
ICBUSEASEXQISR
Number of Identified Exporters to Israel from Wisconsin
WIISRA475SCEN
Leading Indicators OECD: Component series: BTS - Business situation: Original series for Israel
ISRLOCOBSORSTSAM
Infra-Annual Labor Statistics: Unemployment Rate Female: From 25 to 54 Years for Israel
LRUN25FEILA156S
Citation
U.S. Federal Reserve, Growth rate previous period (PRMNTO01ILA657S), retrieved from FRED.