Output per Worker for Retail Trade: Tire Dealers (NAICS 44132) in the United States
IPUHN44132W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.31
Year-over-Year Change
11.86%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the output per worker for tire dealers in the U.S. retail trade industry. It provides insight into productivity and efficiency within this specific 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 Output per Worker for Tire Dealers (NAICS 44132) measures the volume of goods and services produced per employee in this retail trade industry. This metric is used by economists and policymakers to analyze labor productivity and efficiency trends.
Methodology
The data is collected through surveys of businesses and calculated as the ratio of total production to total employment.
Historical Context
This trend is relevant for understanding the competitiveness and health of the tire retail industry.
Key Facts
- Tire dealers are part of the NAICS 44132 industry code.
- This metric tracks productivity, not just total output.
- Data is collected through business surveys by the U.S. government.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output per worker for tire dealers, part of the U.S. retail trade industry under NAICS code 44132.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and efficiency of the tire retail industry, which is useful for economists and policymakers analyzing labor market and industry trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated as the ratio of total production to total employment.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the competitiveness and health of the tire retail industry, which can inform economic and industry policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential sampling limitations inherent in business survey collection methods.
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Citation
U.S. Federal Reserve, Output per Worker for Retail Trade: Tire Dealers (NAICS 44132) in the United States (IPUHN44132W000000000), retrieved from FRED.