Industrial Production: Nondurable Goods: Grain and oilseed milling
: 113.5839 (As of 2024-12-01) NEW
Basic Info
It measures the output of industries involved in processing grains and oilseeds into food products such as flour, cornmeal, oils, and animal feed. This sector plays a crucial role in food production and agriculture, supplying ingredients for packaged foods, cooking oils, and biofuels. Increased production in grain and oilseed milling indicates strong consumer demand for food products like flour, cooking oils, and baked goods, as well as industrial demand for biofuels and animal feed.
Monthly , seasonally adjusted. NAICS = 3112 Source Code: IP.G3112.S
Industrial Production: Nondurable Goods: Grain and oilseed milling was 113.5839 as of 2024-12-01, according to The Federal Reserve. Historically, Industrial Production: Nondurable Goods: Grain and oilseed milling reached a record high of 113.8912 and a record low of 43.7616, the median value is 94.2216. Typical value range is from 101.88 to 109.44. The Year-Over-Year growth is 9.88%. GuruFocus provides the current actual value, an historical data chart and related indicators for Industrial Production: Nondurable Goods: Grain and oilseed milling - last updated on 2024-12-01.
| Category | Production & Business Activity |
| Region | USA |
| Source | The Federal Reserve |
Stats
| Name | Value | ||
|---|---|---|---|
| Last Value | 113.5839 | ||
| Latest Period | 2024-12-01 | ||
| Long Term Average | 105.66 | ||
| Average Annualized Growth Rate | +1.73% | ||
| Value from 1 year ago | 103.3433 | ||
| Change from 1 year ago | +9.91% | ||
| Frequency | Daily | ||
| Unit | 2012=100 | ||
| Download Source | source link |
Related Indicators
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