Chain-Type Quantity Index for Real GDP: Nondurable Goods Manufacturing (311-316, 322-326) in Rhode Island
Quarterly, Seasonally Adjusted
RINDURMANQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.16
Year-over-Year Change
-2.63%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the real output of the U.S. manufacturing sector, a key indicator of economic health and production capacity.
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 manufacturing output index tracks changes in the real, inflation-adjusted dollar value of goods produced by U.S. manufacturing industries on a quarterly basis. It is a widely followed metric for understanding industrial activity and the broader economic cycle.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing establishments.
Historical Context
Policymakers and analysts closely monitor this index to gauge the performance and outlook of the U.S. manufacturing sector.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The index uses 2012 as its base year of 100.
- Quarterly manufacturing output rebounded sharply from pandemic lows.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the real, inflation-adjusted output of the U.S. manufacturing sector on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: As a key indicator of industrial activity, this manufacturing output index is closely watched by policymakers, economists, and market participants to gauge the health and trajectory of the U.S. economy.
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.
Q: How is this trend used in economic policy?
A: Policymakers and central banks use this manufacturing output index to inform decisions on monetary policy, fiscal measures, and other interventions to support the broader economy.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a typical 1-2 month lag from the end of the reference period.
Related Trends
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Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for Rhode Island
U4UNEM4RI
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Rhode Island
RIPCEPCVEH
Personal Consumption Expenditures: Services: Recreation Services for Rhode Island
RIPCESRECSRV
Gross Domestic Product: Apparel, Leather, and Allied Product Manufacturing (315-316) in Rhode Island
RIAPPLEATHMANNGSP
Real Gross Domestic Product: Apparel, Leather, and Allied Product Manufacturing (315-316) in Rhode Island
RIAPPLEATHMANRGSP
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (RINDURMANQQGSP), retrieved from FRED.