Sales: Manufacturing: Total Manufacturing: Value for Canada
Annual, Not Seasonally Adjusted
SLMNTO02CAA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71,134,586,166.67
Year-over-Year Change
61.28%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual, not seasonally adjusted total value of manufacturing shipments in the United States. It provides insights into the overall health and dynamics of the U.S. 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 annual, not seasonally adjusted manufacturing shipments trend represents the total dollar value of all goods shipped by U.S. manufacturing establishments over a 12-month period. It is a key indicator of production activity and economic growth.
Methodology
The data is collected through monthly surveys of manufacturing businesses by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to assess the performance and trajectory of the U.S. manufacturing industry.
Key Facts
- The U.S. manufacturing sector accounts for over 11% of GDP.
- Manufacturing shipments reached a record high of $5.7 trillion in 2021.
- The trend has rebounded strongly from the COVID-19 pandemic lows.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual value of shipments from U.S. manufacturing establishments, providing insights into the overall health of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing is a crucial driver of economic growth, and this trend offers a comprehensive view of production activity, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor manufacturing shipments to assess the overall health of the industrial sector and guide decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months, and it does not account for seasonal variations in manufacturing activity.
Related Trends
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 64 Years for Canada
LREM64FECAM156S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Communication for Canada
CANCP080000GYM
Outstanding Domestic Private Debt Securities to GDP for Canada
DDDM03CAA156NWDB
Compensation of Employees in Canada
CANCOMPQDSNAQ
Interest Rates, Government Securities, Treasury Bills for Canada
INTGSTCAM193N
Consumer Price Index: Miscellaneous Goods and Services (COICOP 12): Total for Canada
CANCP120000GPM
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SLMNTO02CAA189N), retrieved from FRED.