Hourly Compensation for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
Index 2017=100
IPUGN4233U120000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.94
Year-over-Year Change
53.51%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the volume of total industrial production in the United States. It is a key indicator of the health and direction of the U.S. economy.
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 2017=100 tracks the total output of the U.S. manufacturing, mining, and utilities sectors. It is a widely followed measure of economic activity that provides insight into the business cycle and production trends.
Methodology
The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Historical Context
The Index 2017=100 is used by policymakers, analysts, and businesses to assess current economic conditions and make informed decisions.
Key Facts
- The index has a base year of 2017, with a value of 100.
- It covers production in manufacturing, mining, and utilities sectors.
- The index is released monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of economic activity and provides insight into the health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is used by policymakers, analysts, and businesses to assess current economic conditions and make informed decisions.
Q: Are there update delays or limitations?
A: The index is released monthly by the U.S. Federal Reserve with a relatively short delay.
Related Trends
Real Sectoral Output for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231T011000000
Labor Compensation for Wholesale Trade: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers (NAICS 4231) in the United States
IPUGN4231L021000000
Sectoral Output for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245T300000000
Sectoral Output Price Deflator for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T050000000
Hourly Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210U120000000
Sectoral Output for Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers (NAICS 4238) in the United States
IPUGN4238T301000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4233U120000000), retrieved from FRED.