Output per Worker for Retail Trade: Specialty Food Stores (NAICS 4452) in the United States
Index 2017=100
IPUHN4452W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.92
Year-over-Year Change
18.00%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks the monthly production of non-durable consumer goods, a key indicator of consumer demand and economic health.
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 is a Federal Reserve statistical release that measures the monthly change in production of a broad category of consumer goods that do not have a long lifespan, such as food, clothing, and household supplies. This index is a closely watched metric for assessing the strength of consumer spending.
Methodology
This index is calculated based on survey data from manufacturing establishments.
Historical Context
The Index 2017=100 is used by economists, policymakers, and investors to gauge consumer confidence and the trajectory of the broader economy.
Key Facts
- The index has a base year of 2017 with a value of 100.
- Non-durable goods make up about 70% of total consumer spending.
- The index reached an all-time high of 107.9 in January 2022.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the monthly production of non-durable consumer goods, which include items like food, clothing, and household supplies.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of consumer demand and economic health, as non-durable goods make up a significant portion of consumer spending.
Q: How is this data collected or calculated?
A: The index is calculated based on survey data from manufacturing establishments.
Q: How is this trend used in economic policy?
A: Economists and policymakers use the Index 2017=100 to assess consumer confidence and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release delay of around 2 weeks.
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Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN4452W000000000), retrieved from FRED.