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Relative Importance Weights (Contribution to the Total Industrial Production Index): Manufacturing: Non-Durable Goods: Ice Cream and Frozen Dessert (NAICS = 31152) (RIWN31152S)

Observation:

Jul 2023: 0.1253 (+ more)   Updated: Sep 15, 2023
Jul 2023:  0.1253  
Jun 2023:  0.1225  
May 2023:  0.1169  
Apr 2023:  0.1182  
Mar 2023:  0.1155  
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: 31152

Source Code: RIW.N31152.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: Ice Cream and Frozen Dessert (NAICS = 31152) [RIWN31152S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWN31152S, September 22, 2023.

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