Chain-Type Quantity Index for Real GDP: Manufacturing (31-33) in Wisconsin
Quarterly, Seasonally Adjusted
WIMANQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.56
Year-over-Year Change
-2.77%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the gross domestic product (GDP) of the U.S. manufacturing sector on a quarterly basis. This metric is closely watched by economists and policymakers as a gauge of the overall health and performance of the manufacturing industry.
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 Quarterly, Seasonally Adjusted manufacturing GDP series provides a comprehensive assessment of the economic output and productivity of the U.S. manufacturing sector. It is a key indicator used to analyze trends, inform policy decisions, and assess the broader state of the American economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting frameworks.
Historical Context
This manufacturing GDP metric is widely referenced by government agencies, economic analysts, and market participants to monitor the manufacturing sector's contribution to overall economic growth.
Key Facts
- Manufacturing accounts for about 11% of U.S. GDP.
- The manufacturing sector employs over 12 million workers in the U.S.
- Quarterly manufacturing GDP data is released approximately 2 months after the end of each quarter.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the gross domestic product (GDP) of the U.S. manufacturing sector on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as a gauge of the overall health and performance of the manufacturing industry, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using established national accounting frameworks.
Q: How is this trend used in economic policy?
A: The manufacturing GDP metric is widely referenced by government agencies, economic analysts, and market participants to monitor the manufacturing sector's contribution to overall economic growth and inform policy decisions.
Q: Are there update delays or limitations?
A: Quarterly manufacturing GDP data is released approximately 2 months after the end of each quarter, so there is a short delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (WIMANQQGSP), retrieved from FRED.