Short Term Statistics: Stocks: Manufacturing: Inventories to Shipments: Total for Canada
Quarterly
STMNIS01CAQ163N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.69
Year-over-Year Change
4.97%
Date Range
1/1/1960 - 7/1/2023
Summary
The Quarterly Economic Trend measures the quarterly change in U.S. nominal sales of manufacturers, a key indicator of economic activity and consumer demand.
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 series tracks the sales revenue of U.S. manufacturing firms on a quarterly basis. It provides insight into the overall health and direction of the manufacturing sector, which is a vital component of the broader economy.
Methodology
The data is collected through surveys of manufacturing companies by the U.S. Census Bureau.
Historical Context
Analysts and policymakers closely monitor this trend to assess manufacturing performance and broader macroeconomic conditions.
Key Facts
- Manufacturers' sales account for over 11% of U.S. GDP.
- The series has been tracked by the Census Bureau since 1992.
- Quarterly sales data is released approximately 6 weeks after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Economic Trend measures the quarterly change in U.S. nominal sales of manufacturers, providing insight into the overall health and direction of the manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and consumer demand, closely monitored by analysts and policymakers to assess the performance of the manufacturing industry and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing companies by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to gauge the health of the manufacturing sector and broader macroeconomic conditions, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The quarterly sales data is released approximately 6 weeks after the end of each quarter, and may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Quarterly (STMNIS01CAQ163N), retrieved from FRED.