Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Construction for Sweden
Seasonally Adjusted
SWEPROCONQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
113.49
Year-over-Year Change
-6.92%
Date Range
1/1/1994 - 1/1/2024
Summary
The Seasonally Adjusted Industrial Production index measures changes in the total output of U.S. industries, adjusted to account for seasonal variation. It is a key indicator of the overall health of the 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 Seasonally Adjusted Industrial Production index tracks changes in the total volume of industrial goods produced in the U.S. This includes manufacturing, mining, and electric and gas utilities. It is an important economic indicator used by policymakers and analysts to assess the state of the business cycle.
Methodology
The data is collected through surveys of industrial facilities and adjusted for seasonal factors.
Historical Context
Industrial production data is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2017 = 100.
- Manufacturing accounts for about 75% of the total index.
- The index reached a record high in 2019 before the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Industrial Production index measures changes in the total output of U.S. industries, adjusted to account for seasonal variation.
Q: Why is this trend relevant for users or analysts?
A: Industrial production data is a key indicator of the overall health of the manufacturing sector and the broader economy, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and adjusted for seasonal factors by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Industrial production data is closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with a typical release lag of about 2 weeks.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Industrial Production (SWEPROCONQISMEI), retrieved from FRED.