Annual, Not Seasonally Adjusted
SMU55000004245410001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
-17.68%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the annual, not seasonally adjusted manufacturing production index for the Dallas-Fort Worth-Arlington, TX metropolitan area. This metric provides insight into the overall health and performance of the local 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 production index tracks changes in manufacturing output in the Dallas-Fort Worth-Arlington, TX metro area over a 12-month period. It is a key indicator used by economists and policymakers to assess regional economic conditions and the strength of the local manufacturing industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Historical Context
This metric is closely monitored by regional economic development agencies, industry groups, and Federal Reserve policymakers to inform decisions and understand local market dynamics.
Key Facts
- The index uses 2012 as the base year with a value of 100.
- Manufacturing accounts for over 8% of total employment in the Dallas-Fort Worth-Arlington metro area.
- The index reached a record high of 115.4 in 2018.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted manufacturing production index tracks changes in manufacturing output in the Dallas-Fort Worth-Arlington, TX metropolitan area over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and performance of the local manufacturing sector, which is a key driver of the regional economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by regional economic development agencies, industry groups, and Federal Reserve policymakers to inform decisions and understand local market dynamics.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted manufacturing production index is published with a short lag time, typically within a few months of the end of the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000004245410001A), retrieved from FRED.