Wholesale Trade Index, Boots and Shoes for United States
M06017USM331NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
-6.78%
Date Range
1/1/1919 - 12/1/1929
Summary
The Wholesale Trade Index for Boots and Shoes measures the monthly change in the sales volume of wholesale trade in the footwear industry in the United States. This metric is a key indicator of economic conditions and consumer demand in the retail 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 Wholesale Trade Index for Boots and Shoes is a monthly economic indicator produced by the U.S. Census Bureau. It tracks the total value of sales made by wholesale merchants who specialize in the distribution of footwear products to retailers and other businesses.
Methodology
The data is collected through monthly surveys of wholesale trade businesses and calculated as an index relative to a base year.
Historical Context
This index is closely monitored by economists, policymakers, and industry analysts to assess the health of the retail and consumer sectors.
Key Facts
- The index has a base year of 2012.
- Footwear represents approximately 4% of total U.S. wholesale trade.
- The index reached an all-time high in 2021.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Index for Boots and Shoes measures the monthly sales volume of wholesale merchants specializing in the distribution of footwear products to retailers and other businesses.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of economic conditions and consumer demand in the retail sector, providing insights into the health and performance of the footwear industry.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of wholesale trade businesses and calculated as an index relative to a base year.
Q: How is this trend used in economic policy?
A: The Wholesale Trade Index for Boots and Shoes is closely monitored by economists, policymakers, and industry analysts to assess the overall health of the retail and consumer sectors.
Q: Are there update delays or limitations?
A: The index is released monthly with a typical delay of 6-8 weeks from the end of the reference period.
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Citation
U.S. Census Bureau, Wholesale Trade Index, Boots and Shoes for United States (M06017USM331NNBR), retrieved from FRED.