Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States
IPUUN81232T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
-291.30%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures the real output of the drycleaning and laundry services industry in the United States, excluding coin-operated establishments. It provides insight into the health and productivity of this service sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States index tracks the inflation-adjusted output of this specific industry over time. It is a key indicator of activity and growth within the broader services sector of the economy.
Methodology
This data is calculated by the U.S. Federal Reserve based on industry surveys and production reports.
Historical Context
Policymakers and analysts use this trend to assess the performance and underlying conditions of the services industry.
Key Facts
- The drycleaning and laundry services industry accounts for over $20 billion in annual revenue in the U.S.
- This sector employs more than 380,000 workers nationwide.
- Real output in this industry has grown by over 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the drycleaning and laundry services industry in the United States, excluding coin-operated establishments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and productivity of an important services sector, which is valuable for policymakers and industry analysts assessing broader economic conditions.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this data based on industry surveys and production reports.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the performance and underlying conditions of the services industry, which is a key component of the broader U.S. economy.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag, and may be subject to periodic revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States (IPUUN81232T011000000), retrieved from FRED.