Real Sectoral Output for Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States
IPUEN337110T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.20
Year-over-Year Change
-3400.00%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures the real output of the wood kitchen cabinet and countertop manufacturing industry (NAICS 337110) in the United States. It provides important insights into the production and performance of this key manufacturing 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 Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States is an index that tracks the real (inflation-adjusted) production output of this critical manufacturing industry. It serves as an important indicator of economic activity and productivity in the U.S. cabinet and countertop manufacturing industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indices.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and economists to gauge the health and dynamics of the U.S. wood kitchen cabinet and countertop manufacturing sector.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Wood kitchen cabinet and countertop manufacturing is a key part of the U.S. furniture industry.
- This sector employs over 300,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) output of the wood kitchen cabinet and countertop manufacturing industry (NAICS 337110) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the production and performance of a key manufacturing sector, serving as a valuable indicator of economic activity and productivity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indices.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, industry analysts, and economists to gauge the health and dynamics of the U.S. wood kitchen cabinet and countertop manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with occasional revisions and updates.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Manufacturing: Wood Kitchen Cabinet and Countertop Manufacturing (NAICS 337110) in the United States (IPUEN337110T011000000), retrieved from FRED.