Real Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
-171.62%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures real output for the wholesale trade of drugs and druggists' sundries in the United States. It is an important indicator of activity and demand in the pharmaceutical supply chain.
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
The Real Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) tracks the production volume of wholesale trade in pharmaceuticals and related products. It provides insights into the health of the pharmaceutical distribution sector and can inform economic and policy decisions.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of businesses in the wholesale trade industry.
Historical Context
This trend is used by economists, policymakers, and industry analysts to assess the state of the pharmaceutical supply chain and make informed decisions.
Key Facts
- The wholesale trade of drugs and druggists' sundries is a major component of the U.S. pharmaceutical supply chain.
- Real output in this sector has shown steady growth over the past decade.
- Fluctuations in this trend can signal changes in demand for pharmaceutical products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output, or production volume, of wholesale trade in drugs and druggists' sundries (NAICS 4242) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity of the pharmaceutical supply chain, which is crucial for economists, policymakers, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of businesses in the wholesale trade industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the state of the pharmaceutical distribution sector and make informed decisions about economic and industry policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, but there may be some delays in reporting due to the survey collection process.
Related Trends
Labor Compensation for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243L020000000
Labor Productivity for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
IPUGN4233L000000000
Sectoral Output for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248T301000000
Sectoral Output for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239T301000000
Unit Labor Costs for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238U101000000
Hourly Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States
IPUGN4242U120000000
Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 4242) in the United States (IPUGN4242T011000000), retrieved from FRED.