Labor Productivity for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
Index 2017=100
IPUGN4236L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.77
Year-over-Year Change
39.43%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly change in total industrial production, including manufacturing, mining, and utilities. It serves as a key indicator of overall economic activity and manufacturing health in the United States.
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 Federal Reserve statistical release that tracks the monthly changes in industrial production across major sectors of the U.S. economy. This index is widely used by economists, policymakers, and investors to gauge the strength and direction of the broader economy.
Methodology
The data is collected through surveys of industrial facilities and calculated based on monthly production volumes.
Historical Context
The Index 2017=100 is a leading economic indicator that informs monetary and fiscal policy decisions.
Key Facts
- The index has a base year of 2017 where the value is set to 100.
- Industrial production accounts for about 20% of total U.S. economic output.
- The index covers a range of industries including mining, utilities, and manufacturing.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly changes in total industrial production, including manufacturing, mining, and utilities in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator of overall economic activity and manufacturing health, providing valuable insights for economists, policymakers, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated based on monthly production volumes.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is a leading economic indicator that informs monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with a typical release delay of around 15 days after the end of the reference month.
Related Trends
Hourly Compensation for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235U121000000
Employment for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241W201000000
Unit Labor Costs for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424U101000000
Real Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238T011000000
Labor Compensation for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233L020000000
Hourly Compensation for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248U121000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4236L000000000), retrieved from FRED.