Sectoral Output Price Deflator for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
Index 2017=100
IPUGN4233T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136.72
Year-over-Year Change
57.95%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Index 2017=100' measures the output of the U.S. manufacturing sector, providing an important indicator of economic activity and industrial production.
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
This manufacturing output index tracks changes in the total industrial production of the U.S. economy, with the year 2017 serving as the baseline of 100. It is a widely followed gauge of the health and performance of the American manufacturing industry.
Methodology
The data is collected through surveys of manufacturing plants and businesses across the country.
Historical Context
The index is closely monitored by policymakers, economists, and market analysts to assess the broader state of the U.S. economy.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- It tracks changes in total U.S. manufacturing output.
- The index is a key economic indicator monitored by policymakers.
FAQs
Q: What does this economic trend measure?
A: The 'Index 2017=100' measures the total output of the U.S. manufacturing sector, providing an important gauge of industrial production and economic activity.
Q: Why is this trend relevant for users or analysts?
A: This index is a widely followed indicator that helps economists, policymakers, and market analysts assess the health and performance of the American manufacturing industry, which is a critical component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data for this index is collected through surveys of manufacturing plants and businesses across the country.
Q: How is this trend used in economic policy?
A: The 'Index 2017=100' is closely monitored by policymakers, as changes in manufacturing output can inform decisions related to monetary policy, trade, and other economic measures.
Q: Are there update delays or limitations?
A: The index data is published on a monthly basis, with a short lag time between the reference period and the release of the information.
Related Trends
Employment for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233W200000000
Unit Labor Costs for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234U100000000
Labor Productivity for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231L001000000
Hourly Compensation for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247U120000000
Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425W200000000
Labor Productivity for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239L000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4233T050000000), retrieved from FRED.