Kitchen Sink Shipments for United States
M02128USM588NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.10
Year-over-Year Change
-47.50%
Date Range
4/1/1917 - 12/1/1931
Summary
The Kitchen Sink Shipments for United States tracks the monthly volume of kitchen sink shipments, which is an important indicator of residential construction and consumer spending activity.
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
This series measures the total shipments of kitchen sinks from manufacturers to retailers and other distribution channels within the United States. It provides insight into the health of the housing and home improvement markets.
Methodology
The data is collected through surveys of kitchen sink manufacturers and distributors.
Historical Context
Kitchen sink shipments are closely watched by economists and policymakers as a proxy for broader trends in residential construction and consumer demand.
Key Facts
- Kitchen sinks are installed in nearly all new homes and apartments.
- Shipment volumes typically peak in the spring and summer months.
- Kitchen sink sales are an early indicator of broader home improvement trends.
FAQs
Q: What does this economic trend measure?
A: The Kitchen Sink Shipments for United States measures the monthly volume of kitchen sinks shipped from manufacturers to retailers and other distribution channels.
Q: Why is this trend relevant for users or analysts?
A: Kitchen sink shipments provide insight into the health of the housing and home improvement markets, which are important drivers of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of kitchen sink manufacturers and distributors.
Q: How is this trend used in economic policy?
A: Kitchen sink shipments are closely watched by economists and policymakers as a proxy for broader trends in residential construction and consumer demand.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Kitchen Sink Shipments for United States (M02128USM588NNBR), retrieved from FRED.