Output per Worker for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States
IPUHN45112W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.22
Year-over-Year Change
124.09%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures output per worker for hobby, toy, and game stores in the U.S. retail trade sector. It provides insights into labor productivity in this specialized 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 Output per Worker for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) series tracks the inflation-adjusted output per employee in this subsector of the retail industry. This metric is used to analyze productivity trends and labor efficiency in the specialty retail trade.
Methodology
The data is calculated by the U.S. Federal Reserve using establishment surveys and other government data sources.
Historical Context
This productivity trend is valuable for economists and policymakers monitoring the health and competitiveness of the retail sector.
Key Facts
- The series tracks inflation-adjusted output per worker.
- Hobby, toy, and game stores are a specialized retail subsector.
- This metric provides insights into labor productivity trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output per worker for hobby, toy, and game stores in the U.S. retail trade sector.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric is useful for analyzing labor efficiency and competitiveness in the specialty retail industry.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using establishment surveys and other government data sources.
Q: How is this trend used in economic policy?
A: This trend provides valuable insights for economists and policymakers monitoring the health and performance of the retail sector.
Q: Are there update delays or limitations?
A: The data is published regularly by the Federal Reserve with minimal delays.
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Citation
U.S. Federal Reserve, Output per Worker for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States (IPUHN45112W000000000), retrieved from FRED.