Real Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 491) in the United States
IPUIN491T011000000 • 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 (NAICS 491) in the United States. It provides insights into the productivity and performance of this critical 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 491) in the United States is an important measure of economic activity and productivity in the U.S. postal and delivery services industry. It serves as a key indicator for policymakers and analysts to assess the operational efficiency and market conditions of this essential infrastructure.
Methodology
The data is calculated based on output quantity indexes published by the U.S. Federal Reserve.
Historical Context
This trend is widely used to evaluate the Postal Service's role in the broader transportation and logistics ecosystem and its impact on consumer and business operations.
Key Facts
- The Postal Service is a critical component of the U.S. transportation and logistics network.
- This metric tracks the real output of the Postal Service industry, not just revenue or employment.
- Monitoring this trend helps policymakers assess the Postal Service's operational efficiency and market conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output of the Postal Service industry (NAICS 491) in the United States. It provides insights into the productivity and performance of this critical transportation and logistics sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator for policymakers and analysts to assess the operational efficiency and market conditions of the U.S. Postal Service, which is an essential component of the broader transportation and logistics ecosystem.
Q: How is this data collected or calculated?
A: The data is calculated based on output quantity indexes published by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is widely used to evaluate the Postal Service's role and impact on consumer and business operations, making it an important tool for policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedules and potential revisions as other Federal Reserve statistics.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: Postal Service (NAICS 491) in the United States (IPUIN491T011000000), retrieved from FRED.