Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.80
Year-over-Year Change
-180.85%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the output of wholesale trade businesses that sell a wide variety of nondurable goods, excluding grocery and related product sales. It provides insight into the overall health and performance of this key wholesale 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
The Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) trend represents the volume of economic activity and production within this specific wholesale trade industry. It is an important indicator for analyzing broader trends in the distribution and supply chain for nondurable consumer and business products.
Methodology
The data is collected by the U.S. Census Bureau through monthly surveys of wholesale trade businesses.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the broader wholesale trade sector and its role in the overall economy.
Key Facts
- Wholesale trade accounts for about 6% of U.S. GDP.
- Miscellaneous nondurable goods include products like paper, plastics, and chemicals.
- This sector employs over 450,000 workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output or production volume of wholesale trade businesses that sell a wide variety of nondurable consumer and business products, excluding grocery and related items.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall health and performance of a key wholesale trade sector, which plays a crucial role in the broader supply chain and distribution of nondurable goods throughout the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through monthly surveys of wholesale trade businesses.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the wholesale trade sector and its contribution to overall economic activity.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of this data due to the survey collection process, and the trend may not capture all activity within the diverse nondurable goods wholesale sector.
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Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States (IPUGN4249T301000000), retrieved from FRED.