# Relative Importance Weight (Contribution to the total industrial production index): Durable materials: Consumer parts (RIWB53110S)  Excel (data)  CSV (data)  Image (graph)  PowerPoint (graph)  PDF (graph)

Observation:

Jun 2018: 2.8713
Updated: Jul 17, 2018

Units:

Percent,

Frequency:

Monthly
1Y | 5Y | 10Y | Max
EDIT LINE 1
(a) Relative Importance Weight (Contribution to the total industrial production index): Durable materials: Consumer parts, Percent, Seasonally Adjusted (RIWB53110S)
The IP proportions (typically shown in the first column of the relevant tables in the G.17 release) are estimates of the industries' relative contributions to overall growth in the following year. For example, the relative importance weight of the motor vehicles and parts industry is about 6 percent. If output in this industry increased 10 percent in a month, then this gain would boost growth in total IP by 6/10 percentage point (0.06 x 10% = 0.6%).

Source Code: RIW.B53110.S

Relative Importance Weight (Contribution to the total industrial production index): Durable materials: Consumer parts

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NOTES

Frequency:  Monthly

#### Notes:

The IP proportions (typically shown in the first column of the relevant tables in the G.17 release) are estimates of the industries' relative contributions to overall growth in the following year. For example, the relative importance weight of the motor vehicles and parts industry is about 6 percent. If output in this industry increased 10 percent in a month, then this gain would boost growth in total IP by 6/10 percentage point (0.06 x 10% = 0.6%).

Source Code: RIW.B53110.S

#### Suggested Citation:

Board of Governors of the Federal Reserve System (US), Relative Importance Weight (Contribution to the total industrial production index): Durable materials: Consumer parts [RIWB53110S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWB53110S, July 22, 2018.

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