Industrial production index under George W. Bush
Real output of factories, mines, and utilities — the physical, goods-producing part of the economy.
Over 2001-01-20 to 2009-01-19, measured in Index 2017=100:
- Term average
- 94.97 Index 2017=100
- At the start
- 91.07 Index 2017=100
- At the end
- 90.96 Index 2017=100
- Change
- -0.11 Index 2017=100
- Low
- 87.93 Index 2017=100 (2001-12-01)
- High
- 102.38 Index 2017=100 (2007-12-01)
- Coverage
- 100% (96 observations)
Reading this series over a presidential term
Sharper peaks and deeper troughs than GDP: manufacturing leads and lags the cycle more violently than services do. Compare by percent change. A cold winter lifts the utilities component without anything else changing.
It excludes services and construction, which are most of the economy and most of the jobs. A falling share of output in these sectors is a long-running structural shift, not a verdict on any term.
These are the observed values over the window above, and nothing more. This site does not say which direction is better, and none of this is a claim that George W. Bush caused the number to move.
What Industrial production index measures · George W. Bush: the whole record · Chart it · Compare with another president · The source at FRED