Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.05
Year-over-Year Change
21.28%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) tracks changes in wholesale prices for durable goods in the United States. It is a key measure of inflationary pressures at the wholesale level.
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 index measures the change in prices received by merchant wholesalers of durable goods in the U.S. It serves as an important indicator of wholesale price trends, which can provide insights into producer costs, profit margins, and broader macroeconomic conditions.
Methodology
The data is collected through surveys of wholesale establishments and calculated as a weighted index.
Historical Context
Policymakers and analysts use this index to assess the state of the wholesale trade sector and its potential impact on consumer prices and overall economic activity.
Key Facts
- The index has a base year of 2012 = 100.
- Durable goods account for roughly half of total wholesale trade in the U.S.
- The index is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) measures changes in the prices received by wholesalers of durable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into wholesale price trends, which can signal changes in producer costs, profit margins, and broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale establishments and calculated as a weighted index by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to assess the state of the wholesale trade sector and its potential impact on consumer prices and overall economic activity.
Q: Are there update delays or limitations?
A: The index is released monthly by the U.S. Federal Reserve with no significant update delays.
Related Trends
Output per Worker for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W001000000
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425T300000000
Labor Productivity for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425L000000000
Output per Worker for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244W001000000
Labor Productivity for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424L000000000
Sectoral Output Price Deflator for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233T051000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States (IPUGN423T050000000), retrieved from FRED.