Chain-Type Quantity Index for Real GDP: Wholesale Trade (42) in Connecticut
Quarterly, Seasonally Adjusted
CTWHOLEQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.16
Year-over-Year Change
0.81%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the value of shipments in the wholesale trade sector of the U.S. economy. This metric provides insights into wholesale demand and economic activity.
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 Quarterly, Seasonally Adjusted series tracks the total value of goods shipped by U.S. wholesale trade businesses on a quarterly basis. It is a key indicator of overall economic performance and consumer demand.
Methodology
The data is collected through surveys of wholesale trade companies and adjusted for seasonal variations.
Historical Context
Policymakers and analysts use this wholesale trade metric to assess the health of the broader economy.
Key Facts
- Wholesale trade accounts for over $6 trillion in annual U.S. economic activity.
- Wholesale shipment values have grown by over 50% in the past decade.
- The wholesale sector employs more than 6 million workers nationwide.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series tracks the total value of goods shipped by U.S. wholesale trade businesses on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wholesale demand and overall economic activity, making it a key indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale trade companies and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this wholesale trade metric to assess the health of the broader economy and consumer demand.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately 2 months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (CTWHOLEQQGSP), retrieved from FRED.