Sectoral Output for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
Millions of Dollars
IPUGN4233T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
188,079.79
Year-over-Year Change
79.20%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator measures the value of total shipments in millions of U.S. dollars for durable goods manufacturing. It provides insight into the health and performance of the durable goods 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 'Millions of Dollars' metric tracks the total value of shipments for durable goods manufacturing in the United States. This serves as an important leading indicator for the broader economy, reflecting production, demand, and investment activity.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this indicator to assess the strength of the industrial economy and guide economic policy decisions.
Key Facts
- Durable goods are products designed to last 3+ years.
- Shipment values include domestic and export sales.
- This metric is published monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of shipments in millions of dollars for durable goods manufacturing in the United States.
Q: Why is this trend relevant for users or analysts?
A: The 'Millions of Dollars' metric provides important insights into the health and performance of the durable goods sector, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess the strength of the industrial economy and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, providing timely insights into the durable goods manufacturing sector.
Related Trends
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IPUGN4251T051000000
Real Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210T011000000
Employment for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W010000000
Employment for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210W200000000
Employment for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42W201000000
Unit Labor Costs for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424U101000000
Citation
U.S. Federal Reserve, Millions of Dollars (IPUGN4233T300000000), retrieved from FRED.