Sectoral Output for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States
IPUIN49311T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38,421.38
Year-over-Year Change
136.32%
Date Range
1/1/1992 - 1/1/2022
Summary
This economic trend measures the output of the general warehousing and storage sector, which is a key component of the broader transportation and warehousing industry in the United States. It provides insight into the productivity and growth of this critical logistics infrastructure.
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 Sectoral Output for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States series tracks the monthly industrial production index for this specific subsector. It is used by economists and policymakers to assess the operational efficiency and capacity utilization of the nation's warehousing facilities.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of businesses in the general warehousing and storage industry.
Historical Context
This trend serves as an important indicator of supply chain dynamics and logistical bottlenecks that can impact broader economic activity.
Key Facts
- The general warehousing and storage sector accounts for over 800,000 jobs in the U.S.
- Warehousing output makes up approximately 2.5% of total U.S. industrial production.
- This index is a leading indicator of broader economic trends and logistics performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly industrial production index for the general warehousing and storage sector (NAICS 49311) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the productivity and capacity utilization of a critical component of the U.S. transportation and logistics infrastructure, which is an important indicator of broader economic activity and supply chain dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of businesses in the general warehousing and storage industry.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the operational efficiency and capacity of the nation's warehousing facilities, which can inform decisions related to infrastructure investment, supply chain management, and economic stimulus measures.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, but there may be a lag of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Sectoral Output for Transportation and Warehousing: General Warehousing and Storage (NAICS 49311) in the United States (IPUIN49311T300000000), retrieved from FRED.