Sectoral Output for Retail Trade: Automotive Parts and Accessories Stores (NAICS 441310) in the United States
Millions of Dollars
IPUHN441310T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87,577.00
Year-over-Year Change
76.12%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator measures the total value of U.S. industrial production in millions of dollars. It is a key measure of overall economic activity and a vital data point for policymakers and economists.
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 industrial production index tracks the output of manufacturing, mining, and electric and gas utilities industries in the United States. It is a widely used barometer of the health and direction of the U.S. economy.
Methodology
The data is collected through surveys of industrial establishments and calculated by the Federal Reserve.
Historical Context
Industrial production data informs monetary and fiscal policy decisions.
Key Facts
- The industrial production index has a base year of 2017.
- Manufacturing accounts for over 75% of total industrial production.
- Industrial production data is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total value of industrial production in the United States, including manufacturing, mining, and utilities, in millions of dollars.
Q: Why is this trend relevant for users or analysts?
A: Industrial production is a key indicator of overall economic activity and a vital data point for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Industrial production data informs monetary and fiscal policy decisions by the Federal Reserve and other government institutions.
Q: Are there update delays or limitations?
A: The industrial production index is released monthly by the Federal Reserve with minimal delays.
Related Trends
Labor Productivity for Retail Trade: Florists (NAICS 453110) in the United States
IPUHN453110L001000000
Employment for Retail Trade: Automotive Parts, Accessories, and Tire Stores (NAICS 4413) in the United States
IPUHN4413W010000000
Real Sectoral Output for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445T011000000
Unit Labor Costs for Retail Trade: General Merchandise Stores, Including Warehouse Clubs and Supercenters (NAICS 45231) in the United States
IPUHN45231U100000000
Labor Productivity for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 4541) in the United States
IPUHN4541L001000000
Hourly Compensation for Retail Trade: Other Gasoline Stations (NAICS 447190) in the United States
IPUHN447190U121000000
Citation
U.S. Federal Reserve, Millions of Dollars (IPUHN441310T300000000), retrieved from FRED.