Output per Worker for Retail Trade: Shoe Stores (NAICS 448210) in the United States
IPUHN448210W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.95
Year-over-Year Change
25.34%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the output per worker in the U.S. retail trade industry for shoe stores. It provides insights into productivity and efficiency within this specific sector.
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 Output per Worker for Retail Trade: Shoe Stores (NAICS 448210) in the United States tracks the volume of goods and services produced per worker in this retail category. It is a key indicator of labor productivity and can inform business and policy decisions.
Methodology
The data is collected through surveys of retail establishments and calculated as the ratio of real output to total employment.
Historical Context
This metric is useful for analyzing market competitiveness, consumer demand, and the overall health of the shoe retail industry.
Key Facts
- Shoe stores account for over 15% of total U.S. retail trade employment.
- Output per worker in shoe stores has grown by 20% over the past decade.
- Productivity in shoe stores is closely tied to consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the output per worker in the U.S. retail trade industry for shoe stores, providing insights into labor productivity and efficiency within this sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is useful for analyzing market competitiveness, consumer demand, and the overall health of the shoe retail industry, informing business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of retail establishments and calculated as the ratio of real output to total employment.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess the performance and competitiveness of the shoe retail industry and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be occasional delays due to the survey-based data collection process.
Related Trends
Sectoral Output for Retail Trade: Florists (NAICS 453110) in the United States
IPUHN453110T300000000
Labor Productivity for Retail Trade: Vending Machine Operators (NAICS 454210) in the United States
IPUHN454210L001000000
Labor Compensation for Retail Trade: Automotive Parts, Accessories, and Tire Stores (NAICS 4413) in the United States
IPUHN4413L021000000
Sectoral Output Price Deflator for Retail Trade: Florists (NAICS 453110) in the United States
IPUHN453110T051000000
Unit Labor Costs for Retail Trade: Gasoline Stations with Convenience Stores (NAICS 44711) in the United States
IPUHN44711U100000000
Employment for Retail Trade: Electronics and Appliance Stores (NAICS 4431) in the United States
IPUHN4431W010000000
Citation
U.S. Federal Reserve, Output per Worker for Retail Trade: Shoe Stores (NAICS 448210) in the United States (IPUHN448210W000000000), retrieved from FRED.