Sectoral Output for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
214,886.97
Year-over-Year Change
103.42%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the industrial output of wholesale trade in hardware, plumbing, and heating equipment in the United States. It provides insight into the performance and health of this key distribution 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: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) tracks the monthly changes in production for this vital subsector of the wholesale trade industry. It is an important indicator of overall economic activity and demand within the construction, repair, and maintenance supply chains.
Methodology
This data is collected and calculated by the U.S. Federal Reserve through surveys of wholesale businesses.
Historical Context
Policymakers and analysts use this trend to monitor the health of the wholesale trade industry and its implications for the broader economy.
Key Facts
- Wholesale trade is a key component of the U.S. economy.
- Hardware, plumbing, and HVAC supplies are essential for construction and home improvement.
- Tracking this sector's output provides insight into overall economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly changes in industrial output for wholesale trade in hardware, plumbing, and heating equipment in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the performance and health of a key distribution sector that supports construction, repair, and maintenance activities across the economy.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys of wholesale businesses in the relevant NAICS industry group.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the strength of the wholesale trade industry and its implications for the broader economy.
Q: Are there update delays or limitations?
A: There may be lags in data reporting or potential seasonal adjustments that users should be aware of when interpreting the trend.
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Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States (IPUGN4237T300000000), retrieved from FRED.