Production: Manufacturing: Total Manufacturing for Japan
PRMNTO01JPQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.81
Year-over-Year Change
7998756128198647.00%
Date Range
1/1/1960 - 1/1/2023
Summary
The 'Production: Manufacturing: Total Manufacturing for Japan' trend measures the overall production volume of the Japanese manufacturing sector. This key economic indicator provides insights into the health and activity of Japan's industrial base.
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 total volume of manufacturing output in Japan, including production of durable and non-durable goods. It serves as an important barometer of the Japanese economy, signaling trends in industrial activity, consumer demand, and broader macroeconomic conditions.
Methodology
The data is compiled by Japan's Ministry of Economy, Trade and Industry based on surveys of manufacturing facilities.
Historical Context
Manufacturing production levels are closely monitored by policymakers, analysts, and investors to assess the Japanese economy's performance and growth prospects.
Key Facts
- Japan is the world's third-largest economy.
- Manufacturing accounts for over 20% of Japan's GDP.
- The manufacturing PMI is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Production: Manufacturing: Total Manufacturing for Japan' metric tracks the overall volume of manufacturing output in the Japanese economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the health and performance of Japan's industrial base, which is a critical driver of the country's economic growth.
Q: How is this data collected or calculated?
A: The data is compiled by Japan's Ministry of Economy, Trade and Industry based on surveys of manufacturing facilities.
Q: How is this trend used in economic policy?
A: Manufacturing production levels are closely monitored by policymakers, analysts, and investors to assess the Japanese economy's performance and growth prospects.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Production: Manufacturing: Total Manufacturing for Japan (PRMNTO01JPQ657S), retrieved from FRED.