Observation:
Mar 2024: 0.3807 (+ more) Updated: Jun 28, 2024 11:56 AM CDTMar 2024: | 0.3807 | |
Feb 2024: | 0.3597 | |
Jan 2024: | 0.3676 | |
Dec 2023: | 0.3764 | |
Nov 2023: | 0.3734 | |
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Units:
Percent,Frequency:
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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: 32411pt.
Source Code: RIW.N32411A.S
Board of Governors of the Federal Reserve System (US), Relative Importance Weights: Manufacturing: Nondurable Goods: Aviation Fuel and Kerosene (NAICS = 32411pt.) [RIWN32411AS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/RIWN32411AS, June 29, 2024.