Real Sectoral Output for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States
IPUIN49311T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
-98.65%
Date Range
1/1/1993 - 1/1/2022
Summary
This economic indicator measures the real output of the general warehousing and storage sector in the United States. It provides insight into the health and productivity of this crucial logistics industry.
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: General Warehousing and Storage (NAICS 49311) series tracks the inflation-adjusted production levels of the general warehousing and storage industry. This metric is used by economists and policymakers to assess the operational efficiency and economic contribution of this key component of the transportation and logistics supply chain.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of businesses in the general warehousing and storage industry.
Historical Context
Trends in this indicator can signal shifts in consumer demand, inventory management, and broader macroeconomic conditions.
Key Facts
- This series uses the North American Industry Classification System (NAICS) code 49311.
- General warehousing and storage accounts for a significant portion of the transportation and logistics sector.
- The data is adjusted for inflation to provide a real, volume-based measure of industry output.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the real, inflation-adjusted output of the general warehousing and storage industry in the United States, identified by NAICS code 49311.
Q: Why is this trend relevant for users or analysts?
A: Trends in this metric provide insight into the operational efficiency and economic contribution of a key component of the transportation and logistics supply chain, which is important for assessing broader macroeconomic conditions.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys of businesses in the general warehousing and storage industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to gauge the health of the logistics industry and its impact on consumer demand, inventory management, and overall economic activity.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and updates due to the time required for the Federal Reserve to collect and process the survey information from businesses.
Related Trends
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Real Sectoral Output for Transportation and Warehousing: Refrigerated Warehousing and Storage (NAICS 493120) in the United States
IPUIN493120T011000000
Labor Productivity for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
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Intermediate Inputs Productivity for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
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Labor Productivity for Transportation and Warehousing: General Freight Trucking, Local (NAICS 48411) in the United States
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States (IPUIN49311T011000000), retrieved from FRED.