Sectoral Output for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 81142) in the United States
IPUUN81142T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.50
Year-over-Year Change
-652.63%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic trend measures the output of the reupholstery and furniture repair industry (NAICS 81142) in the United States. It provides insights into the performance and activity levels of this specialized service 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 Sectoral Output for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 81142) series tracks the monthly production and output of businesses engaged in reupholstering furniture, refinishing damaged or worn furniture, and repairing furniture. This data point is useful for analyzing the health and trends within the broader furniture and home furnishings industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indexes.
Historical Context
Policymakers and market analysts use this sectoral output data to assess economic conditions and activity levels in the furniture repair and reupholstery industry.
Key Facts
- The reupholstery and furniture repair industry is part of the broader 'Other Services' sector.
- This series measures output on a monthly basis, providing timely insights.
- Furniture repair businesses are an important part of the furniture value chain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly output and production levels of businesses engaged in reupholstering furniture, refinishing damaged or worn furniture, and repairing furniture.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the performance and activity levels of the furniture repair and reupholstery industry, which is an important part of the broader furniture and home furnishings sector.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of its industrial production indexes.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this sectoral output data to assess economic conditions and activity levels in the furniture repair and reupholstery industry.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, providing timely insights into industry trends.
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Citation
U.S. Federal Reserve, Sectoral Output for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 81142) in the United States (IPUUN81142T301000000), retrieved from FRED.