Production: Manufacturing: Investment Goods: Total for Austria
Quarterly, Not Seasonally Adjusted
PRMNVG01ATQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.92
Year-over-Year Change
16.06%
Date Range
1/1/1960 - 7/1/2023
Summary
This economic indicator measures quarterly, not seasonally adjusted production of non-durable consumer goods in the United States. It is a key metric for understanding consumer demand and economic conditions.
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 series tracks the production of non-durable consumer goods, which include items like food, clothing, and other everyday products. This metric provides insights into consumer spending patterns and the overall health of the U.S. economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing establishments.
Historical Context
Policymakers and analysts use this indicator to assess consumer demand and make informed decisions about economic policy.
Key Facts
- Non-durable goods account for about 30% of total U.S. consumer spending.
- Production of non-durable goods is a leading indicator of consumer demand.
- The series is published quarterly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarterly, not seasonally adjusted production of non-durable consumer goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: Non-durable goods production is a key metric for understanding consumer demand and the overall health of the U.S. 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 manufacturing establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to assess consumer demand and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The series is published quarterly by the Federal Reserve with a typical 1-2 month delay.
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Infra-Annual Labor Statistics: Working-Age Population Total: From 15 to 24 Years for Austria
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (PRMNVG01ATQ661N), retrieved from FRED.