Gross Domestic Product: Wholesale Trade (42) in Iowa
Annual, Not Seasonally Adjusted
IAWHOLENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,788.40
Year-over-Year Change
55.48%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted data series measures the total wholesale sales in the U.S. economy. This metric provides insights into overall 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 Annual, Not Seasonally Adjusted wholesale sales data represents the total value of goods sold by wholesalers to retailers, commercial businesses, and other wholesalers. This series is a key indicator of domestic trade and logistics within the broader economy.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of wholesale establishments.
Historical Context
Economists and policymakers use this wholesale sales data to assess consumer and business demand trends.
Key Facts
- Wholesale sales account for over $6 trillion in annual economic activity.
- The wholesale sector employs more than 6 million workers in the U.S.
- Wholesale trade data is an important leading indicator of consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted wholesale sales data series measures the total value of goods sold by wholesalers to retailers, businesses, and other wholesalers.
Q: Why is this trend relevant for users or analysts?
A: This wholesale sales data provides insights into overall domestic demand and economic activity, making it a key indicator used by economists and policymakers.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of wholesale establishments across the country.
Q: How is this trend used in economic policy?
A: Economists and institutions monitor wholesale sales trends to assess consumer and business demand, which informs decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Census Bureau releases the Annual, Not Seasonally Adjusted wholesale sales data with a 1-2 month lag. The data may not fully capture regional or industry-specific variations.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (IAWHOLENGSP), retrieved from FRED.