Real Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 4911) in the United States
IPUIN4911T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.80
Year-over-Year Change
6.25%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of the Postal Service industry in the United States. It is a key indicator of productivity and economic activity in the transportation and logistics 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: Postal Service (NAICS 4911) tracks the real, inflation-adjusted volume of goods and services produced by the U.S. Postal Service. It serves as an important gauge of operational efficiency and market demand for postal services.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of postal service providers.
Historical Context
This metric is closely monitored by policymakers and industry analysts to assess the health of the logistics and distribution sectors.
Key Facts
- The Postal Service is a major employer, with over 600,000 workers.
- Postal volume has declined in recent decades due to the rise of digital communication.
- The Postal Service plays a critical role in e-commerce logistics and package delivery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of the U.S. Postal Service industry. It tracks the volume of goods and services produced by postal providers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the productivity and economic activity of the transportation and logistics sector, which is vital for policymakers and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of postal service providers.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by policymakers and industry analysts to assess the health and competitiveness of the logistics and distribution sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to periodic revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 4911) in the United States (IPUIN4911T011000000), retrieved from FRED.