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Relative Importance Weights: Stage-of-Process: Crude Processing (RIWB5610CS)

Observation:

May 2024: 17.8221 (+ more)   Updated: Jun 28, 2024 11:53 AM CDT
May 2024:  17.8221  
Apr 2024:  17.7324  
Mar 2024:  17.8994  
Feb 2024:  17.8524  
Jan 2024:  17.4087  
View All

Units:

Percent,
Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: Board of Governors of the Federal Reserve System (US)  

Release: G.17 Industrial Production and Capacity Utilization  

Units:  Percent, Seasonally Adjusted

Frequency:  Monthly

Notes:

The Industrial Production (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%).

For more information, see the explanatory notes issued by the Board of Governors. For recent updates, see the announcements issued by the Board of Governors

Source Code: RIW.B5610C.S

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Relative Importance Weights: Stage-of-Process: Crude Processing [RIWB5610CS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWB5610CS, July 11, 2024.

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