Sectoral Output Price Deflator for Retail Trade: Building Material and Supplies Dealers (NAICS 4441) in the United States
IPUHN4441T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Retail Trade: Building Material and Supplies Dealers (NAICS 4441) measures price changes in the retail trade sector for building materials and supplies. This index is a key indicator of inflation trends and consumer purchasing power in the construction and home improvement industries.
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 Sectoral Output Price Deflator tracks the prices received by retailers of building materials and supplies. It represents a crucial gauge of cost pressures and pricing power in the construction supply chain, which has broad implications for economic growth, consumer spending, and the housing market.
Methodology
The data is collected through surveys of businesses in the building materials and supplies retail industry.
Historical Context
Policymakers and analysts monitor this index to assess inflationary risks and the state of the construction sector.
Key Facts
- The index is published monthly by the U.S. Federal Reserve.
- Retail trade accounts for approximately 6% of U.S. GDP.
- Building materials and supplies are a key driver of consumer spending.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Retail Trade: Building Material and Supplies Dealers (NAICS 4441) measures price changes received by retailers in the building materials and supplies industry.
Q: Why is this trend relevant for users or analysts?
A: This index is a crucial indicator of inflation pressures and consumer purchasing power in the construction and home improvement sectors, which have broad implications for economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the building materials and supplies retail industry.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess inflationary risks and the state of the construction sector, which informs decisions on monetary policy and economic stimulus.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve with a typical 1-2 month lag in data availability.
Related Trends
Output per Worker for Retail Trade: Electronics Stores (NAICS 443142) in the United States
IPUHN443142W001000000
Employment for Retail Trade: Specialty Food Stores (NAICS 4452) in the United States
IPUHN4452W010000000
Output per Worker for Retail Trade: Clothing Accessories Stores (NAICS 448150) in the United States
IPUHN448150W001000000
Sectoral Output Price Deflator for Retail Trade: Gift, Novelty, and Souvenir Stores (NAICS 45322) in the United States
IPUHN45322T050000000
Output per Worker for Retail Trade: Clothing Accessories Stores (NAICS 448150) in the United States
IPUHN448150W000000000
Sectoral Output for Retail Trade: Nonstore Retailers (NAICS 454) in the United States
IPUHN454T300000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Retail Trade: Building Material and Supplies Dealers (NAICS 4441) in the United States (IPUHN4441T051000000), retrieved from FRED.