Real Sectoral Output for Retail Trade: Vending Machine Operators (NAICS 45421) in the United States
IPUHN45421T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.20
Year-over-Year Change
-586.96%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of the vending machine operator industry in the United States, providing insights into a key segment of the retail trade 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 Real Sectoral Output for Retail Trade: Vending Machine Operators (NAICS 45421) in the United States is an important indicator that tracks the production and sales volumes of businesses primarily engaged in operating vending machines. This metric helps economists and policymakers understand the health and performance of this specialized retail industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its broader Industrial Production and Capacity Utilization survey.
Historical Context
This trend is used by analysts to assess the state of the retail industry and consumer spending patterns.
Key Facts
- Vending machine operators account for a small but significant portion of U.S. retail trade.
- This industry saw a sharp decline in output during the COVID-19 pandemic.
- Vending machine sales are influenced by foot traffic, tourism, and workplace activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output or production volumes of businesses primarily engaged in operating vending machines, which is a specialized segment of the retail trade sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and performance of the vending machine operator industry, which can be an important indicator of consumer spending patterns and the broader retail environment.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its broader Industrial Production and Capacity Utilization survey.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the state of the retail industry and consumer spending, which can inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, but there may be lags or revisions due to the complexity of collecting and calculating this metric.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Retail Trade: Vending Machine Operators (NAICS 45421) in the United States (IPUHN45421T011000000), retrieved from FRED.