Annual, Not Seasonally Adjusted
SMU72000005051100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.80
Year-over-Year Change
-41.94%
Date Range
1/1/1990 - 1/1/2021
Summary
This series measures the annual, not seasonally adjusted manufacturing production index for the United States. It serves as a key indicator of the overall health and performance 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 manufacturing production index tracks changes in the total volume of production for manufacturing industries in the U.S. economy. It is widely used by economists and policymakers to assess the current state and trends within the manufacturing sector.
Methodology
The data is collected through surveys of manufacturing establishments and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The manufacturing production index is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Key Facts
- The manufacturing sector accounts for about 11% of U.S. GDP.
- Manufacturing production has seen steady growth since the 2008-2009 recession.
- The index is a leading indicator of overall economic activity.
FAQs
Q: What does this economic trend measure?
A: The annual, not seasonally adjusted manufacturing production index measures the total volume of production for manufacturing industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing production index is a key indicator of the health and performance of the U.S. manufacturing sector, which is a critical component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The manufacturing production index is closely monitored by the Federal Reserve and other government agencies to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The manufacturing production index is published monthly with a relatively short delay, making it a timely indicator of economic conditions.
Related Trends
All Employees: Retail Trade: Food and Beverage Stores in Puerto Rico
SMU72000004244500001A
Civilian Labor Force in Puerto Rico
PRLF
Literacy Rate, Adult Total for Puerto Rico
SEADTLITRZSPRI
All Employees: Construction in Puerto Rico
SMU72000002000000001SA
All Employees: Education and Health Services: Private Elementary and Secondary Schools in Puerto Rico
SMU72000006561110001
All Employees: Non-Durable Goods: Chemical Manufacturing in Puerto Rico
SMU72000003232500001A
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000005051100001A), retrieved from FRED.