Unit Labor Costs for Retail Trade: Home Furnishings Stores (NAICS 4422) in the United States
Index 2017=100
IPUHN4422U100000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.07
Year-over-Year Change
2.26%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the monthly production of manufacturing industries in the United States. It is a key indicator of the health and direction of the U.S. 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
The Index 2017=100 tracks the total industrial production of U.S. manufacturing, mining, and electric and gas utilities. It is used by economists and policymakers to assess the overall state of industrial activity and make informed decisions.
Methodology
The data is collected through surveys of industrial establishments and calculated as an index with a 2017 base year.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other institutions to gauge economic performance and guide policy.
Key Facts
- The index has a base year of 2017 with a value of 100.
- It covers a broad range of industries, including mining, utilities, and manufacturing.
- The index is published monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total industrial production of manufacturing, mining, and utility industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a crucial indicator of the overall health and direction of the U.S. economy, providing insights into industrial activity and production.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial establishments and calculated as an index with a 2017 base year of 100.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other institutions to gauge economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The Index 2017=100 is published monthly by the Federal Reserve, with minimal update delays.
Related Trends
Sectoral Output for Retail Trade: General Merchandise Stores (NAICS 452) in the United States
IPUHN452T301000000
Hours Worked for Retail Trade: General Merchandise Stores, Including Warehouse Clubs and Supercenters (NAICS 4523) in the United States
IPUHN4523L200000000
Unit Labor Costs for Retail Trade: Used Car Dealers (NAICS 44112) in the United States
IPUHN44112U100000000
Labor Compensation for Retail Trade: Beer, Wine, and Liquor Stores (NAICS 4453) in the United States
IPUHN4453L020000000
Hourly Compensation for Retail Trade: Used Merchandise Stores (NAICS 4533) in the United States
IPUHN4533U120000000
Real Sectoral Output for Retail Trade: Men's Clothing Stores (NAICS 448110) in the United States
IPUHN448110T011000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4422U100000000), retrieved from FRED.