Labor Compensation for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
Index 2017=100
IPUGN4244U110000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.23
Year-over-Year Change
64.60%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of the U.S. manufacturing sector. It is a key indicator of economic growth and industrial activity.
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 Index 2017=100 is an industrial production index that tracks changes in the total output of the U.S. manufacturing, mining, and electric and gas utility industries. It is a widely followed measure of the health and momentum of the American industrial economy.
Methodology
The index is calculated by the U.S. Federal Reserve based on survey data from manufacturers.
Historical Context
The Index 2017=100 provides important insights for economic policymakers and financial market participants.
Key Facts
- The index has a base year of 2017, with a value of 100.
- The index covers a range of manufacturing, mining, and utility sectors.
- Changes in the index are closely watched as a gauge of the broader economy.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total industrial output of the U.S. manufacturing, mining, and utility sectors.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of economic growth and industrial activity, providing insights for policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The index is calculated by the U.S. Federal Reserve based on survey data from manufacturers.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers and market participants as a gauge of the overall health of the U.S. industrial economy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release lag of several weeks.
Related Trends
Hours Worked for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237L200000000
Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245L020000000
Hourly Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U120000000
Real Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425T011000000
Sectoral Output Price Deflator for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T050000000
Labor Productivity for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239L000000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4244U110000000), retrieved from FRED.