Sectoral Output Price Deflator for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.80
Year-over-Year Change
-69.23%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States measures the change in prices received by furniture and home furnishing wholesalers. It is an important indicator of inflationary pressures and overall economic activity in 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 price deflator represents the change in selling prices charged by furniture and home furnishing wholesalers over time. It is used by economists and policymakers to analyze trends in wholesale trade, monitor inflation, and evaluate the broader health of the U.S. economy.
Methodology
The data is collected through surveys of wholesale trade businesses and calculated as a price index.
Historical Context
This metric provides insight into wholesale pricing dynamics, which can inform monetary and fiscal policy decisions.
Key Facts
- This deflator covers approximately 4% of total U.S. wholesale trade.
- Furniture and home furnishing wholesalers account for over $130 billion in annual sales.
- The index base year is 2012.
FAQs
Q: What does this economic trend measure?
A: This trend measures the change in prices received by furniture and home furnishing wholesale merchants in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into inflationary pressures and overall economic activity in the wholesale trade sector, which is relevant for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale trade businesses and calculated as a price index.
Q: How is this trend used in economic policy?
A: This metric can inform monetary and fiscal policy decisions by providing insight into wholesale pricing dynamics.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States (IPUGN4232T051000000), retrieved from FRED.