Observation:
Oct 2023: 0.6439 (+ more) Updated: Nov 16, 2023Oct 2023: | 0.6439 | |
Sep 2023: | 0.6442 | |
Aug 2023: | 0.6581 | |
Jul 2023: | 0.6478 | |
Jun 2023: | 0.6398 | |
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Units:
Percent,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: Board of Governors of the Federal Reserve System (US)
Release: G.17 Industrial Production and Capacity Utilization
Units: Percent, Seasonally Adjusted
Frequency: Monthly
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: 33311
Source Code: RIW.G33311.S
Board of Governors of the Federal Reserve System (US), Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Durable Goods: Agricultural Implement (NAICS = 33311) [RIWG33311S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWG33311S, December 9, 2023.