Real Sectoral Output for Retail Trade: Furniture Stores (NAICS 442110) in the United States
IPUHN442110T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.33
Year-over-Year Change
33.91%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the real output of the furniture stores sector within the U.S. retail trade industry. It provides valuable insights into consumer demand and the overall health of the furniture retail market.
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 Real Sectoral Output for Retail Trade: Furniture Stores (NAICS 442110) in the United States is a key indicator used by economists and policymakers to assess the performance and growth of the furniture retail industry. It offers a granular view of consumer spending patterns and can signal shifts in broader economic conditions.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of retail establishments.
Historical Context
This trend is closely monitored by the Federal Reserve, industry analysts, and policymakers to gauge the strength of consumer demand and guide economic decision-making.
Key Facts
- Furniture stores account for approximately 10% of total U.S. retail trade.
- The furniture retail industry generates over $100 billion in annual revenue.
- Furniture sales are a leading indicator of broader consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real (inflation-adjusted) output of the furniture stores sector within the U.S. retail trade industry, providing insights into consumer demand and the health of the furniture retail market.
Q: Why is this trend relevant for users or analysts?
A: This trend is closely monitored by economists, policymakers, and industry analysts as it offers valuable insights into consumer spending patterns and can signal broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on monthly surveys of retail establishments.
Q: How is this trend used in economic policy?
A: The Federal Reserve, industry analysts, and policymakers use this trend to gauge the strength of consumer demand and guide economic decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Retail Trade: Furniture Stores (NAICS 442110) in the United States (IPUHN442110T010000000), retrieved from FRED.