Real Sectoral Output for Transportation and Warehousing: Warehousing and Storage (NAICS 493) in the United States
IPUIN493T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.78
Year-over-Year Change
35.07%
Date Range
1/1/1992 - 1/1/2024
Summary
This economic trend measures real output in the warehousing and storage sector of the U.S. transportation and warehousing industry. It provides insight into the health and productivity of this crucial logistics component.
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: Warehousing and Storage (NAICS 493) in the United States trend tracks inflation-adjusted production levels in the warehousing and storage industry. This data point is used by economists and policymakers to assess supply chain dynamics and the broader transportation sector.
Methodology
The data is calculated by the U.S. Federal Reserve based on production and pricing information from industry surveys.
Historical Context
Trends in warehousing output are closely watched by market analysts and economic decision-makers to understand logistics capacity and supply chain constraints.
Key Facts
- Warehousing accounts for over $200 billion in annual U.S. economic output.
- The industry employs more than 1.2 million workers nationwide.
- Warehousing output has grown by over 25% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the real, inflation-adjusted output of the warehousing and storage sector within the broader U.S. transportation and warehousing industry.
Q: Why is this trend relevant for users or analysts?
A: Trends in warehousing output provide important insights into supply chain dynamics, logistics capacity, and the overall health of the transportation sector.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on production and pricing information from industry surveys.
Q: How is this trend used in economic policy?
A: Warehousing output data is closely watched by market analysts, logistics firms, and policymakers to understand supply chain constraints and transportation infrastructure needs.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks, and may be subject to revisions as additional source information becomes available.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Transportation and Warehousing: Warehousing and Storage (NAICS 493) in the United States (IPUIN493T010000000), retrieved from FRED.