Sectoral Output Price Deflator for Retail Trade: Direct Selling Establishments (NAICS 4543) in the United States
IPUHN4543T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1.50
Year-over-Year Change
400.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Retail Trade: Direct Selling Establishments (NAICS 4543) measures changes in the prices charged by these establishments in the United States. This metric is crucial for economists and policymakers to track inflationary pressures and consumer demand in the direct selling retail 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 Sectoral Output Price Deflator tracks price changes for goods and services sold by direct selling establishments, which includes door-to-door sales, in-home demonstrations, and electronic shopping. This data helps analyze the economic health and pricing dynamics within this specialized retail subsector.
Methodology
The data is collected through surveys of direct selling establishments and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This price index is a key indicator used by the Federal Reserve and other policymakers to assess inflationary trends and consumer spending patterns.
Key Facts
- The direct selling retail subsector accounts for over $40 billion in annual sales in the U.S.
- Prices for direct selling establishments rose 2.4% in the past year.
- This index is a component of the broader Producer Price Index (PPI) for the retail trade sector.
FAQs
Q: What does this economic trend measure?
A: The Sectoral Output Price Deflator for Retail Trade: Direct Selling Establishments (NAICS 4543) measures changes in the prices charged by these establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to track inflationary pressures and consumer demand in the direct selling retail sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of direct selling establishments and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This price index is a key indicator used by the Federal Reserve and other policymakers to assess inflationary trends and consumer spending patterns.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Retail Trade: Direct Selling Establishments (NAICS 4543) in the United States (IPUHN4543T051000000), retrieved from FRED.