Real Sectoral Output for Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States
IPUIN4842T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-88.76%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the real output of the specialized freight trucking industry in the United States. It provides valuable insights into the productivity and performance of this critical transportation 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 Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States is an index that tracks the real volume of goods transported by specialized freight trucking companies. It serves as an important indicator of economic activity and supply chain efficiency.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on industry-level production and price information.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and dynamics of the transportation and logistics sector.
Key Facts
- The specialized freight trucking industry accounts for over $200 billion in annual revenue in the U.S.
- Trucking is the primary mode of freight transportation, moving over 70% of domestic tonnage.
- The real output index for this sector is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the specialized freight trucking industry in the United States. It tracks the physical volume of goods transported by these companies.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the productivity and performance of the transportation and logistics sector, which is a critical component of the broader economy. It serves as an important indicator of supply chain efficiency and economic activity.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on industry-level production and price information.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and dynamics of the transportation and logistics sector, which has important implications for broader economic conditions and trade.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be occasional revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States (IPUIN4842T011000000), retrieved from FRED.