Real Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.95
Year-over-Year Change
11.40%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the real output of wholesale trade in machinery, equipment, and supplies in the United States. It provides insights 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 Real Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) tracks the inflation-adjusted production and sales of wholesale trade businesses focused on distributing industrial machinery, equipment, and supplies. This metric serves as an important indicator of investment, manufacturing, and broader economic activity.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using production and sales information from surveyed wholesale trade businesses.
Historical Context
This metric is closely monitored by economists, policymakers, and industry analysts to gauge the state of the industrial economy and investment climate.
Key Facts
- This metric tracks a critical B2B sector that supports manufacturing and capital investment.
- Wholesale trade of machinery and equipment makes up about 20% of total U.S. wholesale activity.
- Trends in this metric correlate closely with the health of the broader industrial economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output and sales of wholesale trade businesses focused on distributing industrial machinery, equipment, and supplies in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and activity of a key industrial sector that supports manufacturing, investment, and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve using production and sales information from surveyed wholesale trade businesses.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this metric to gauge the state of the industrial economy and investment climate.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to periodic revisions by the Federal Reserve.
Related Trends
Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T301000000
Labor Compensation for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249L021000000
Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42T300000000
Employment for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245W010000000
Output per Worker for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247W001000000
Real Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T010000000
Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States (IPUGN4238T010000000), retrieved from FRED.