Wholesale Total Sales, Eight Lines for United States
M0612BUSM331SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.00
Year-over-Year Change
-6.32%
Date Range
1/1/1923 - 12/1/1929
Summary
The Wholesale Total Sales, Eight Lines for United States is an economic indicator that measures the total value of sales by wholesale businesses in the United States. It provides insight into the overall health and activity of the wholesale trade 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
This trend represents the total sales revenue generated by wholesale establishments across eight major industry lines, including durable and nondurable goods. It is a key metric used by economists and policymakers to gauge the strength of the wholesale trade industry and its contribution to the broader economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau through monthly surveys of wholesale businesses.
Historical Context
Wholesale sales figures are closely monitored by analysts and policymakers to assess consumer and business demand, as well as overall economic conditions.
Key Facts
- Wholesale sales account for a significant portion of overall U.S. economic activity.
- The trend has shown steady growth over the past decade, reflecting a strong wholesale trade sector.
- Wholesale sales data is used to inform policy decisions and business investment strategies.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Total Sales, Eight Lines for United States measures the total value of sales by wholesale businesses in the United States across eight major industry lines.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the overall health and activity of the wholesale trade sector, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through monthly surveys of wholesale businesses.
Q: How is this trend used in economic policy?
A: Wholesale sales figures are closely monitored by analysts and policymakers to assess consumer and business demand, as well as overall economic conditions, and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical update delay of several weeks.
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Citation
U.S. Federal Reserve, Wholesale Total Sales, Eight Lines for United States (M0612BUSM331SNBR), retrieved from FRED.