Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,703,335.38
Year-over-Year Change
47.84%
Date Range
1/1/1987 - 1/1/2024
Summary
The Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States measures the production levels of the wholesale trade sector, which plays a crucial role in the distribution of goods across the economy.
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 economic indicator tracks the output of establishments primarily engaged in the merchant wholesale distribution of goods. It provides insights into the overall health and activity of the wholesale trade industry, which is a vital component of the U.S. supply chain and distribution networks.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing and trade establishments.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to assess the broader economic conditions and potential inflationary pressures.
Key Facts
- The wholesale trade sector accounts for over 5% of the U.S. GDP.
- Wholesale trade employment exceeds 6 million workers nationwide.
- Wholesale inventories are a key indicator of future consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output or production levels of the wholesale trade sector in the United States, which includes establishments primarily engaged in the merchant wholesale distribution of goods.
Q: Why is this trend relevant for users or analysts?
A: The Sectoral Output for Wholesale Trade is an important indicator of the overall health and activity of the U.S. supply chain and distribution networks, providing insights that are closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of manufacturing and trade establishments.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to assess broader economic conditions and potential inflationary pressures, as the wholesale trade sector is a vital component of the U.S. supply chain and distribution networks.
Q: Are there update delays or limitations?
A: The Sectoral Output for Wholesale Trade data is released on a monthly basis, with a typical lag of around one month between the reference period and the release date.
Related Trends
Labor Productivity for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42L000000000
Labor Compensation for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231L020000000
Output per Worker for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246W001000000
Output per Worker for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236W001000000
Hours Worked for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425L010000000
Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T011000000
Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States (IPUGN42T300000000), retrieved from FRED.