Gross Domestic Product: Management of Companies and Enterprises (55) in Wisconsin
Quarterly, Seasonally Adjusted Annual Rate
WIMNGCOENTPRNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,979.10
Year-over-Year Change
17.20%
Date Range
1/1/2005 - 1/1/2025
Summary
This economic trend measures the quarterly, seasonally adjusted annual rate of U.S. manufacturing gross output. It provides insight into the overall health and productivity 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 Quarterly, Seasonally Adjusted Annual Rate of Manufacturing Gross Output tracks the total value of all final goods and services produced by the U.S. manufacturing industry during a given quarter. This metric is a key indicator of economic activity and helps policymakers and analysts assess the manufacturing sector's contribution to broader economic growth.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis using survey responses from manufacturing establishments.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to gauge the performance and outlook of the U.S. manufacturing industry.
Key Facts
- The U.S. manufacturing sector accounts for over 11% of GDP.
- Quarterly manufacturing output grew at an annualized rate of 3.2% in Q4 2022.
- The manufacturing industry employs over 12 million workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted annual rate of manufacturing gross output in the United States. It provides insight into the overall performance and productivity of the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic activity and helps policymakers, economists, and market analysts assess the manufacturing sector's contribution to broader economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis using survey responses from manufacturing establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and market analysts to gauge the performance and outlook of the U.S. manufacturing industry, which plays a vital role in the overall economy.
Q: Are there update delays or limitations?
A: The data is released quarterly by the U.S. Bureau of Economic Analysis, with a typical update delay of 2-3 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (WIMNGCOENTPRNQGSP), retrieved from FRED.