Skip to main content

Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Durable Goods: Navigational, Measuring, Electromedical, and Control Instruments (NAICS = 3345) (RIWG3345S)

Observation:

Feb 2023: 2.3839 (+ more)   Updated: Mar 28, 2023
Feb 2023:  2.3839  
Jan 2023:  2.3638  
Dec 2022:  2.3056  
Nov 2022:  2.3046  
Oct 2022:  2.2922  
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: 3345

Source Code: RIW.G3345.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: Navigational, Measuring, Electromedical, and Control Instruments (NAICS = 3345) [RIWG3345S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWG3345S, March 30, 2023.

RELEASE TABLES

Subscribe to the FRED newsletter


Follow us

Back to Top
Top