Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States
USAPROINDMISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.87
Year-over-Year Change
-0.38%
Date Range
1/1/1941 - 4/1/2024
Summary
This economic trend measures the production volume for U.S. industries, excluding construction. It serves as a key indicator of overall economic activity and manufacturing performance.
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 Production Volume: Economic Activity: Industry (Except Construction) for United States tracks the production output of U.S. industries outside of the construction sector. This metric provides insight into the health and trajectory of the broader economy.
Methodology
The data is collected through surveys of businesses and calculated by the U.S. Federal Reserve.
Historical Context
Policymakers and analysts closely monitor this indicator to assess the state of the industrial economy and inform economic policy decisions.
Key Facts
- The series dates back to 1919.
- It excludes construction to focus on broader industrial activity.
- The data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production output of U.S. industries, excluding the construction sector. It provides a gauge of overall economic activity and manufacturing performance.
Q: Why is this trend relevant for users or analysts?
A: This metric is a valuable indicator of the health and direction of the industrial economy, which is crucial for policymakers, businesses, and investors to monitor.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely track this indicator to assess the state of the industrial economy and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for United States (USAPROINDMISMEI), retrieved from FRED.