Sectoral Output Price Deflator for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-166.67%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) measures the changes in prices received by wholesalers in this sector. It is an important indicator of wholesale price inflation and can inform economic policy decisions.
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 series represents the Producer Price Index (PPI) for the wholesale trade industry, specifically for professional and commercial equipment and supplies merchant wholesalers. It tracks the average change over time in the selling prices received by wholesalers for their output.
Methodology
The data is collected through surveys of wholesale establishments and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this index to assess inflationary pressures and monitor the overall health of the wholesale trade sector.
Key Facts
- The base year for this index is 2012 = 100.
- The index reflects price changes for over 25,000 items sold by wholesalers.
- This data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This index measures the changes in prices received by wholesalers of professional and commercial equipment and supplies. It is a key indicator of wholesale price inflation.
Q: Why is this trend relevant for users or analysts?
A: This data is important for assessing inflationary pressures and monitoring the overall health of the wholesale trade sector, which is crucial for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale establishments and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to monitor wholesale price inflation and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics with no significant update delays.
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Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States (IPUGN4234T051000000), retrieved from FRED.