Output per Worker for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
Index 2017=100
IPUGN4232W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.22
Year-over-Year Change
2.36%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures changes in U.S. industrial production, a key indicator of economic activity. This metric is closely watched by economists and policymakers to assess the health of the 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 Index 2017=100 tracks the total output of U.S. manufacturing, mining, and electric and gas utilities industries, with 2017 as the base year. It is a widely used gauge of the nation's industrial performance and capacity utilization.
Methodology
The data is collected and calculated monthly by the U.S. Federal Reserve based on surveys of industrial facilities.
Historical Context
The Index 2017=100 informs economic policy decisions and is used by market analysts to evaluate production trends and demand.
Key Facts
- The index uses 2017 as its base year with a value of 100.
- It covers output from manufacturing, mining, and utilities industries.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the total industrial production of the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and direction of the U.S. economy, providing insights into capacity utilization and production across major industrial sectors.
Q: How is this data collected or calculated?
A: The Federal Reserve collects monthly survey data from industrial facilities to calculate the Index 2017=100.
Q: How is this trend used in economic policy?
A: The Index 2017=100 informs policymakers and market analysts about the strength of the manufacturing and industrial components of the U.S. economy.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve with a typical 2-week publication delay following the end of the reference month.
Related Trends
Sectoral Output for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T300000000
Unit Labor Costs for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242U100000000
Sectoral Output for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247T301000000
Labor Productivity for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238L000000000
Labor Compensation for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424L020000000
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242L021000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4232W000000000), retrieved from FRED.