Question 1

What is Machinery: Services Input?

Accepted Answer

The amount of outside contract work used to produce output.

For more information, please go to https://www.bls.gov/mfp/

Source Indicator: MPU5200572

Question 2

Where does Machinery: Services Input data come from?

Accepted Answer

This dataset is sourced from FRED (FRED), a trusted provider of economic and financial data. DataSetIQ aggregates and standardizes this data for easy access and analysis.

Question 3

How often is Machinery: Services Input updated?

Accepted Answer

This dataset is updated on a a basis by FRED. DataSetIQ syncs the latest data regularly to ensure you have access to the most current information.

Question 4

What time period does Machinery: Services Input cover?

Accepted Answer

This dataset covers the period from 1987 to 2024. The temporal coverage allows for historical analysis and trend identification over 37 years of data.

Question 5

What units is Machinery: Services Input measured in?

Accepted Answer

The data in this dataset is measured in Index 2017=100. Understanding the measurement units is important for accurate interpretation and comparison with other datasets.

Question 6

What is the data quality score for Machinery: Services Input?

Accepted Answer

Machinery: Services Input has a DataSetIQ score of 81/100. This score measures data quality based on completeness, timeliness, consistency, and coverage metrics.

Machinery: Services Input

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