Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States
IPUIN49111T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.00
Year-over-Year Change
-43.40%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the output of the Postal Service sector within the broader Transportation and Warehousing industry in the United States. It is a key indicator of activity and productivity in this crucial logistics segment.
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 Postal Service (NAICS 49111) is a major component of the Transportation and Warehousing industry. This index tracks changes in the real output or production levels of this sector, providing insight into the overall health and performance of postal and related delivery services.
Methodology
The data is collected through surveys of businesses and calculated as an index relative to a base year.
Historical Context
Policymakers and analysts use this trend to gauge the operational capacity and economic contribution of the Postal Service within the broader transportation infrastructure.
Key Facts
- The Postal Service accounts for over 30% of total Transportation and Warehousing output.
- This index has a base year of 2012=100.
- The Postal Service industry employs over 600,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output or production levels of the Postal Service (NAICS 49111) sector within the broader Transportation and Warehousing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the operational capacity and economic contribution of the Postal Service, a crucial component of the transportation infrastructure. It is used by policymakers and analysts to gauge the performance of this industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the operational capacity and economic impact of the Postal Service within the broader transportation and logistics sector.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates due to the nature of survey-based data collection.
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Citation
U.S. Federal Reserve, Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States (IPUIN49111T301000000), retrieved from FRED.