Federal Reserve Economic Data: Your trusted data source since 1991

Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Durable Goods: Iron and Steel Products (NAICS = 3311,2) (RIWG3311A2S)

Observation:

Feb 2024: 1.3892 (+ more)   Updated: Mar 15, 2024
Feb 2024:  1.3892  
Jan 2024:  1.3915  
Dec 2023:  1.4103  
Nov 2023:  1.4082  
Oct 2023:  1.4112  
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: 3311,2

Source Code: RIW.G3311A2.S

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Durable Goods: Iron and Steel Products (NAICS = 3311,2) [RIWG3311A2S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWG3311A2S, March 19, 2024.

RELEASE TABLES

RELATED DATA AND CONTENT

Data Suggestions Based On Your Search

Content Suggestions

Related Categories

Releases

Tags


Subscribe to the FRED newsletter


Follow us

Back to Top
Top