Federal Reserve Economic Data

Relative Importance Weights: Durable Goods Materials: Equipment Parts (RIWB53120S)

Observation:

Nov 2024: 4.7454 (+ more)   Updated: Dec 17, 2024 8:23 AM CST
Nov 2024:  4.7454  
Oct 2024:  4.7926  
Sep 2024:  4.7993  
Aug 2024:  4.7859  
Jul 2024:  4.7843  
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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:

Relative Importance Weight (RIW) measures the series contribution to the Total Industrial Production Index.

The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities. The industrial sector, together with construction, accounts for the bulk of the variation in national output over the course of the business cycle. The industrial detail provided by these measures helps illuminate structural developments in the economy. The industrial production (IP) index measures the real output of all relevant establishments located in the United States, regardless of their ownership, but not those located in U.S. territories. 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.

Suggested Citation:

Board of Governors of the Federal Reserve System (US), Relative Importance Weights: Durable Goods Materials: Equipment Parts [RIWB53120S], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWB53120S, .

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