Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
219,465.24
Year-over-Year Change
19.48%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the monthly production output of metal and mineral wholesale trade businesses in the United States. It provides insight into the health and activity of this key economic 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 Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States is an important indicator of industrial and commercial activity. It tracks the production levels of wholesale distributors of raw metal, mineral, and related products, excluding petroleum.
Methodology
The data is collected through surveys of businesses in this industry sector by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to gauge the state of the broader economy and industrial supply chains.
Key Facts
- The base year for this index is 2012 = 100.
- Wholesale trade accounts for over $6 trillion in annual U.S. economic activity.
- Metal and mineral wholesalers make up a significant portion of the wholesale sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production output of metal and mineral wholesale trade businesses in the United States. It provides insight into the health and activity of this key economic sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market analysts to gauge the state of the broader economy and industrial supply chains.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in this industry sector by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend provides valuable insights into the health of industrial production and wholesale trade, which are important inputs for economic policymaking and market analysis.
Q: Are there update delays or limitations?
A: There may be typical data collection and reporting delays, but the U.S. Federal Reserve provides this series on a monthly basis.
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Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States (IPUGN4235T300000000), retrieved from FRED.