Unit Labor Costs for Retail Trade: Cosmetics, Beauty Supplies, and Perfume Stores (NAICS 446120) in the United States
Index 2017=100
IPUHN446120U100000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.08
Year-over-Year Change
-6.55%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the output of the U.S. manufacturing sector, providing a comprehensive gauge of industrial production and economic activity.
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
This index tracks changes in the total production of the manufacturing, mining, and electric and gas utility industries. It is a key indicator used by policymakers and analysts to assess the health and performance of the U.S. economy.
Methodology
The data is collected through monthly surveys of industrial facilities and calculated based on a comprehensive sample of the sector.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other government agencies to inform economic policy decisions.
Key Facts
- The base year for the index is 2017, with a value of 100.
- The index covers approximately 75% of the total industrial output of the United States.
- 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 volume of output from the U.S. manufacturing, mining, and utility industries, providing a comprehensive gauge of industrial production.
Q: Why is this trend relevant for users or analysts?
A: The Index 2017=100 is a key indicator used by policymakers, economists, and market analysts to assess the overall health and performance of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated based on a comprehensive sample of the sector.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other government agencies to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve, with a typical release lag of around two weeks.
Related Trends
Sectoral Output Price Deflator for Retail Trade: Retail Trade (NAICS 44,45) in the United States
IPUHN4445T051000000
Real Sectoral Output for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 45411) in the United States
IPUHN45411T011000000
Sectoral Output for Retail Trade: Shoe Stores (NAICS 448210) in the United States
IPUHN448210T301000000
Real Sectoral Output for Retail Trade: Pharmacies and Drug Stores (NAICS 44611) in the United States
IPUHN44611T011000000
Employment for Retail Trade: Gasoline Stations (NAICS 447) in the United States
IPUHN447W010000000
Labor Productivity for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States
IPUHN45112L001000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN446120U100000000), retrieved from FRED.