Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.46
Year-over-Year Change
23.44%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) measures price changes for the wholesale trade sector of the U.S. economy. This metric is crucial for economists and policymakers analyzing price trends and inflationary pressures.
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 miscellaneous durable goods merchant wholesalers. It tracks the average change in selling prices received by domestic producers for their output. Analyzing this metric provides insights into wholesale price dynamics and can inform decisions around monetary policy, inflation targeting, and market conditions.
Methodology
The U.S. Bureau of Labor Statistics collects price data through surveys of wholesale businesses to calculate this index.
Historical Context
Economists and analysts utilize this data to assess the state of the wholesale trade sector and its impact on broader economic trends.
Key Facts
- The index base year is 2012 = 100.
- Wholesale trade accounts for approximately 6% of U.S. GDP.
- The series is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average change in selling prices received by domestic producers for their output in the wholesale trade sector, specifically for miscellaneous durable goods merchant wholesalers.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this metric provides insights into wholesale price dynamics, which is crucial for economists and policymakers assessing inflationary pressures and the state of the broader economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects price data through surveys of wholesale businesses to calculate this index.
Q: How is this trend used in economic policy?
A: Economists and analysts utilize this data to assess the state of the wholesale trade sector and its impact on broader economic trends, which can inform decisions around monetary policy, inflation targeting, and market conditions.
Q: Are there update delays or limitations?
A: The series is published monthly by the U.S. Bureau of Labor Statistics, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States (IPUGN4239T050000000), retrieved from FRED.