Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-300.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) measures the change in prices charged by wholesalers of paper and paper products. This metric is a key indicator of inflation and price dynamics in the wholesale trade 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 index tracks the change in prices received by wholesalers for selling a basket of paper and paper products to their customers. It serves as an important gauge of inflationary pressures and pricing power in this segment of the wholesale trade industry.
Methodology
The data is collected through surveys of wholesale businesses and calculated using a fixed-weight formula.
Historical Context
Policymakers and analysts monitor this index to assess price trends and their potential impact on overall economic conditions.
Key Facts
- The index is based on 2012 as the reference year.
- Wholesale trade accounts for over $6 trillion in annual sales in the U.S.
- Paper and paper products are a critical input for many manufacturing and service industries.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices charged by wholesalers of paper and paper products to their customers. It serves as an indicator of inflation in the wholesale trade sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding pricing dynamics and inflationary pressures in the wholesale trade industry, which is a key segment of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale businesses and calculated using a fixed-weight formula.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess price trends and their potential impact on overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425T300000000
Real Sectoral Output for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233T010000000
Real Sectoral Output for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245T010000000
Unit Labor Costs for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424U100000000
Unit Labor Costs for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249U100000000
Sectoral Output Price Deflator for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245T051000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States (IPUGN4241T051000000), retrieved from FRED.