Employment for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
Index 2017=100
IPUGN4243W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.07
Year-over-Year Change
-0.07%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 series measures the level of industrial production, including manufacturing, mining, and utilities, with 2017 as the base year.
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 industrial production index tracks changes in the real output of the U.S. industrial sector. It is a key economic indicator used by policymakers, analysts, and businesses to monitor the health and trends of the broader economy.
Methodology
The data is collected through surveys of industrial facilities and calculated using a Fisher-ideal formula.
Historical Context
The industrial production index provides important insights into the manufacturing, mining, and utility sectors, which are closely tied to overall economic performance.
Key Facts
- The base year for the index is 2017, with a value of 100.
- The index covers a broad range of industrial activities, including factories, mines, and power plants.
- Changes in the index are closely watched as an indicator of the overall health of the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 series measures the level of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The industrial production index is a key economic indicator used by policymakers, businesses, and analysts to monitor the health and trends of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated using a Fisher-ideal formula.
Q: How is this trend used in economic policy?
A: The industrial production index provides important insights into the manufacturing, mining, and utility sectors, which are closely tied to overall economic performance and are closely monitored by policymakers.
Q: Are there update delays or limitations?
A: The industrial production index is published monthly by the Federal Reserve, with a typical release delay of around a month.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246T050000000
Real Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42T010000000
Sectoral Output Price Deflator for Wholesale Trade: Merchant Wholesalers, Nondurable Goods (NAICS 424) in the United States
IPUGN424T050000000
Labor Compensation for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249L021000000
Hours Worked for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251L010000000
Hours Worked for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232L201000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4243W010000000), retrieved from FRED.