Real Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.77
Year-over-Year Change
26.29%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Real Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423)' metric measures the real production volume of durable goods wholesalers in the United States. This key indicator provides insight into the overall health and activity of this crucial 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
This Federal Reserve series tracks the real, inflation-adjusted output of merchant wholesalers that sell durable goods, which include items like machinery, equipment, and hardware. It serves as an important barometer for analyzing trends in wholesale trade and evaluating the broader performance of the U.S. durable goods industry.
Methodology
The data is calculated based on production indexes and other underlying metrics collected by the U.S. Census Bureau.
Historical Context
Policymakers and analysts closely monitor this series to assess the state of the wholesale trade sector and its potential impact on the overall economy.
Key Facts
- The series has a base year of 2012 = 100.
- Durable goods account for about half of total wholesale trade in the U.S.
- Wholesale trade is a key driver of economic activity and a major component of GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the real, inflation-adjusted output of merchant wholesalers that sell durable goods, such as machinery, equipment, and hardware, in the United States.
Q: Why is this trend relevant for users or analysts?
A: This series serves as an important barometer for analyzing trends in the wholesale trade sector and evaluating the broader performance of the U.S. durable goods industry, which is a key driver of economic activity.
Q: How is this data collected or calculated?
A: The data is calculated based on production indexes and other underlying metrics collected by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this series to assess the state of the wholesale trade sector and its potential impact on the overall economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one to two months.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States (IPUGN423T010000000), retrieved from FRED.