Employment for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
Index 2017=100
IPUGN424210W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.59
Year-over-Year Change
17.46%
Date Range
1/1/1987 - 1/1/2024
Summary
The Industrial Production: Manufacturing: North American Industry Classification System: Durable Goods: Furniture and Related Products (Index 2017=100) measures the output of the furniture and related products manufacturing industry in the United States.
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 changes in the production of furniture and related products, which is an important indicator of economic activity and consumer demand. It is used by economists and policymakers to assess the health of the manufacturing sector and broader economy.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of manufacturing establishments.
Historical Context
This index provides insights into consumer spending patterns and can inform monetary and fiscal policy decisions.
Key Facts
- The base year for this index is 2017.
- Furniture manufacturing is a key part of the durable goods sector.
- This index can signal changes in consumer demand and confidence.
FAQs
Q: What does this economic trend measure?
A: This index measures the output of the furniture and related products manufacturing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides insights into consumer spending patterns and the health of the manufacturing sector, which are important for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: This index can inform monetary and fiscal policy decisions by signaling changes in consumer demand and the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with typical release delays.
Related Trends
Real Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T010000000
Labor Compensation for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236L021000000
Hourly Compensation for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234U121000000
Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T011000000
Labor Compensation for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244L020000000
Output per Worker for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244W001000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN424210W010000000), retrieved from FRED.