Employment for Retail Trade: Electronic Shopping and Mail-Order Houses (NAICS 45411) in the United States
Index 2017=100
IPUHN45411W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.17
Year-over-Year Change
55.40%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the total industrial production of nondurable consumer goods in the United States. It is a key indicator of the health and output of the manufacturing 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 Index 2017=100 tracks the monthly total industrial production for a range of nondurable consumer goods, including food, beverages, and other non-durable household items. This index is used by economists and policymakers to assess trends in manufacturing and consumer demand.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of industrial production.
Historical Context
The Index 2017=100 provides timely insight into the strength of the U.S. economy and consumer spending patterns.
Key Facts
- The base year for the index is 2017.
- Nondurable consumer goods account for over half of total U.S. industrial production.
- The index is released monthly by the Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total industrial production of nondurable consumer goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insight into the manufacturing sector and consumer demand, which are key drivers of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of industrial production.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the Index 2017=100 to assess the health of the manufacturing industry and consumer spending patterns.
Q: Are there update delays or limitations?
A: The Index 2017=100 is released monthly with a relatively short delay, providing timely data on nondurable consumer goods production.
Related Trends
Hourly Compensation for Retail Trade: Book Stores and News Dealers (NAICS 45121) in the United States
IPUHN45121U121000000
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IPUHN448150W000000000
Sectoral Output Price Deflator for Retail Trade: Other Motor Vehicle Dealers (NAICS 4412) in the United States
IPUHN4412T051000000
Labor Compensation for Retail Trade: Electronics Stores (NAICS 443142) in the United States
IPUHN443142L020000000
Labor Compensation for Retail Trade: Beer, Wine, and Liquor Stores (NAICS 4453) in the United States
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Unit Labor Costs for Retail Trade: Electronics and Appliance Stores (NAICS 44314) in the United States
IPUHN44314U101000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUHN45411W010000000), retrieved from FRED.