Real Sectoral Output for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.10
Year-over-Year Change
-296.15%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of the wholesale trade sector for lumber and other construction materials merchant wholesalers in the United States. It provides insights into a key industry that supplies critical building materials to the construction 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 Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States is a measure of the real, inflation-adjusted output of this wholesale trade subsector. It is an important indicator of economic activity and investment in the construction industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production and capacity utilization statistics.
Historical Context
This trend is closely watched by economists, policymakers, and construction industry analysts to gauge the health and outlook of the construction supply chain.
Key Facts
- The series is indexed to 2017 = 100.
- The data is released on a monthly basis.
- Wholesale trade accounts for over 5% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the wholesale trade sector for lumber and other construction materials merchant wholesalers (NAICS 4233) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the supply and availability of critical construction materials, which is an important indicator of economic activity and investment in the construction industry.
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 and capacity utilization statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by economists, policymakers, and construction industry analysts to gauge the health and outlook of the construction supply chain, which is crucial for informed decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with typical lags of a few weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States (IPUGN4233T011000000), retrieved from FRED.