Index of Wholesale Trade Sales, Meats for United States
M06014USM331SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.00
Year-over-Year Change
-3.48%
Date Range
1/1/1921 - 12/1/1929
Summary
The Index of Wholesale Trade Sales, Meats for United States measures the sales volume of wholesale meat distributors. This trend is an important economic indicator for the food processing and distribution 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 Index of Wholesale Trade Sales, Meats for United States is a monthly indicator that tracks the sales activity of wholesale establishments primarily engaged in distributing meat and meat products. It provides insights into the wholesale trade of a key consumer goods category.
Methodology
The data is collected through monthly surveys of U.S. wholesale trade businesses.
Historical Context
This index is closely monitored by economists and policymakers to assess the health of the food supply chain and consumer demand.
Key Facts
- The index is published monthly by the U.S. Federal Reserve.
- Wholesale meat sales account for a significant portion of the U.S. food distribution market.
- Trends in this index can signal changes in consumer spending and food industry production.
FAQs
Q: What does this economic trend measure?
A: The Index of Wholesale Trade Sales, Meats for United States measures the sales volume of wholesale establishments primarily engaged in distributing meat and meat products.
Q: Why is this trend relevant for users or analysts?
A: This index provides important insights into the health of the U.S. food supply chain and consumer demand for meat products, which are closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. wholesale trade businesses.
Q: How is this trend used in economic policy?
A: Trends in this index are used by economists and policymakers to assess the state of the food processing and distribution industry, as well as broader consumer spending patterns.
Q: Are there update delays or limitations?
A: The index is published monthly with a short delay, providing timely insights into the wholesale meat trade.
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Citation
U.S. Federal Reserve, Index of Wholesale Trade Sales, Meats for United States (M06014USM331SNBR), retrieved from FRED.