Work Started: Construction: Dwellings and Residential Buildings: Total for Australia
Growth rate same period previous year, Annual, Seasonally Adjusted
WSCNDW01AUA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-20.93
Year-over-Year Change
-190.48%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic trend measures the annual growth rate of the U.S. wholesale trade industry. It is a key indicator of the overall health and momentum of the domestic wholesale 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 growth rate metric tracks year-over-year changes in the total value of wholesale sales and inventories. It provides insights into wholesale industry activity and can signal broader macroeconomic conditions.
Methodology
The data is collected through monthly surveys of U.S. wholesale businesses and calculated as a seasonally adjusted annual rate.
Historical Context
This trend is widely referenced by economists, policymakers, and market analysts to assess the state of the wholesale trade industry and its influence on the broader economy.
Key Facts
- The wholesale trade industry accounts for over $7 trillion in annual sales.
- Wholesale activity often leads manufacturing and retail sectors.
- Positive growth signals expanding business inventories and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the year-over-year growth rate of the total value of U.S. wholesale trade sales and inventories.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade growth rate provides insights into the health and momentum of a key sector that serves as a barometer for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. wholesale businesses and calculated as a seasonally adjusted annual rate.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this indicator to assess overall economic conditions and make informed decisions regarding fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 6 weeks, and may be subject to periodic revisions by the Federal Reserve.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual, Seasonally Adjusted (WSCNDW01AUA659S), retrieved from FRED.