Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T050000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.73
Year-over-Year Change
15.05%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) measures changes in the prices received by wholesale trade businesses in this sector. It is an important indicator of inflationary pressures and wholesale price dynamics.
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 producer price index tracks the average change in prices charged by wholesalers in the electronic markets and agents and brokers industry, which plays a key role in the distribution of goods throughout the economy. Economists and policymakers use this data to analyze pricing trends and assess the overall health of the wholesale trade sector.
Methodology
The data is collected through surveys of businesses in the NAICS 4251 industry and calculated as a fixed-weighted price index.
Historical Context
This indicator provides insight into wholesale price conditions that can influence consumer inflation, business investment, and overall economic activity.
Key Facts
- The index has a base year of 2012.
- Wholesale electronic markets and agents/brokers account for over 30% of total U.S. wholesale trade.
- The index reached an all-time high in 2022 amid supply chain disruptions and rising inflation.
FAQs
Q: What does this economic trend measure?
A: This producer price index tracks changes in the average prices received by wholesalers in the electronic markets and agents/brokers industry (NAICS 4251).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into wholesale pricing dynamics that can impact consumer inflation, business investment, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the NAICS 4251 industry and calculated as a fixed-weighted price index.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze wholesale price trends and assess the health of the distribution sector, which can inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, though there may be slight publication delays.
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IPUGN4235W200000000
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IPUGN4233T011000000
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IPUGN4243W200000000
Output per Worker for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W001000000
Sectoral Output Price Deflator for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231T050000000
Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241T051000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States (IPUGN4251T050000000), retrieved from FRED.