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Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Non-Durable Goods: Plastics Product (NAICS = 3261) (RIWG3261S)

Observation:

Apr 2024: 3.0288 (+ more)   Updated: May 16, 2024 8:32 AM CDT
Apr 2024:  3.0288  
Mar 2024:  2.9883  
Feb 2024:  2.9742  
Jan 2024:  2.9761  
Dec 2023:  2.9907  
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

NAICS: 3261

Source Code: RIW.G3261.S

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Non-Durable Goods: Plastics Product (NAICS = 3261) [RIWG3261S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWG3261S, May 21, 2024.

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