Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
Index 2017=100
IPUGN4234T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.32
Year-over-Year Change
43.72%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 is a key metric that measures changes in the overall output of the U.S. manufacturing sector over time. It provides important insights into the health and productivity of the nation's industrial base.
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 is a seasonally adjusted index that tracks the volume of output from U.S. manufacturing industries. It is a widely followed indicator of industrial activity and a vital gauge of the broader economy.
Methodology
The index is calculated by the U.S. Federal Reserve based on data collected from manufacturing establishments.
Historical Context
Policymakers and market analysts closely monitor the Index 2017=100 to assess the strength of the manufacturing sector and its impact on the overall economic outlook.
Key Facts
- The index uses 2017 as the base year, with a value of 100.
- Manufacturing accounts for about 11% of U.S. GDP.
- The index reached a record high of 104.3 in December 2018.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly change in the total industrial output of the U.S. manufacturing sector, adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and productivity of the U.S. manufacturing industry, which is a vital component of the broader economy.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on data collected from manufacturing establishments across the country.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor the Index 2017=100 to assess the strength of the manufacturing sector and its impact on the overall economic outlook.
Q: Are there update delays or limitations?
A: The index is released monthly by the Federal Reserve with a typical one-month lag in the data.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421T050000000
Labor Productivity for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235L000000000
Sectoral Output for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232T301000000
Labor Productivity for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210L000000000
Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T301000000
Labor Productivity for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423L001000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4234T010000000), retrieved from FRED.