Sectoral Output for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
-62.94%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures output in the wholesale trade sector for motor vehicle and motor vehicle parts and supplies merchant wholesalers. It provides insights into the health and production levels of this key industry within the broader U.S. economy.
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 Sectoral Output for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States is an important indicator of economic activity and demand in the automotive supply chain. It helps analysts and policymakers assess the performance of this critical wholesale trade segment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of wholesale trade establishments.
Historical Context
This trend is closely monitored by economists, industry analysts, and policymakers to gauge the state of the auto industry and broader economic conditions.
Key Facts
- Motor vehicle and parts wholesalers represent a $1 trillion industry in the U.S.
- This sector accounts for over 25% of total wholesale trade activity.
- Output levels are a leading indicator of consumer demand and business investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output or production levels of motor vehicle and motor vehicle parts and supplies merchant wholesalers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of a critical sector within the broader U.S. economy, helping analysts and policymakers assess economic conditions and industry trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through monthly surveys of wholesale trade establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, industry analysts, and policymakers to gauge the state of the auto industry and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of several weeks between the reference period and the release date.
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IPUGN423L010000000
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IPUGN4237W001000000
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IPUGN4247W200000000
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Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States (IPUGN4231T301000000), retrieved from FRED.