Sectoral Output for Retail Trade: Supermarkets and Other Grocery (Except Convenience) Stores (NAICS 44511) in the United States
IPUHN44511T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.40
Year-over-Year Change
-20.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the output of the supermarkets and other grocery (except convenience) stores sector in the United States. It is a key indicator of consumer demand and the health of the retail industry.
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 for Retail Trade: Supermarkets and Other Grocery (Except Convenience) Stores (NAICS 44511) in the United States tracks the industrial production volume of this specific retail subsector. It is used by economists and policymakers to gauge the strength of consumer spending and the broader retail environment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of retail establishments.
Historical Context
This trend provides important insights into consumer behavior and the state of the retail industry, which are closely monitored for their implications on the overall economy.
Key Facts
- Supermarkets and other grocery stores account for over 50% of total retail trade in the U.S.
- This sector employs more than 3 million workers nationwide.
- Output in this industry has remained relatively stable during economic downturns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the industrial production volume of the supermarkets and other grocery (except convenience) stores sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into consumer demand and the health of the retail industry, which are closely monitored for their implications on the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of retail establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to gauge the strength of consumer spending and the broader retail environment, which informs decision-making and policy actions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
Related Trends
Unit Labor Costs for Retail Trade: Women's Clothing Stores (NAICS 448120) in the United States
IPUHN448120U100000000
Sectoral Output Price Deflator for Retail Trade: New Car Dealers (NAICS 44111) in the United States
IPUHN44111T051000000
Real Sectoral Output for Retail Trade: Florists (NAICS 453110) in the United States
IPUHN453110T011000000
Real Sectoral Output for Retail Trade: Department Stores (NAICS 4522) in the United States
IPUHN4522T011000000
Hourly Compensation for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445U121000000
Unit Labor Costs for Retail Trade: Shoe Stores (NAICS 44821) in the United States
IPUHN44821U100000000
Citation
U.S. Federal Reserve, Sectoral Output for Retail Trade: Supermarkets and Other Grocery (Except Convenience) Stores (NAICS 44511) in the United States (IPUHN44511T301000000), retrieved from FRED.