Output per Worker for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
Percent Change from Year Ago
IPUGN4233W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-6.80
Year-over-Year Change
-283.78%
Date Range
1/1/1988 - 1/1/2024
Summary
The 'Percent Change from Year Ago' trend tracks the year-over-year change in the U.S. industrial production index. This key indicator provides insight into the overall health and direction of the American manufacturing 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 'Percent Change from Year Ago' measures the annual rate of change in the Federal Reserve's industrial production index. This index captures output across U.S. manufacturing, mining, and utility industries, making it a comprehensive gauge of economic activity.
Methodology
The data is calculated based on the Federal Reserve's monthly industrial production surveys.
Historical Context
Economists and policymakers closely monitor this trend to assess the performance and trajectory of the U.S. industrial base.
Key Facts
- The industrial production index covers approximately 75% of total U.S. industrial output.
- The 'Percent Change from Year Ago' hit a low of -16.5% in April 2020 due to the COVID-19 pandemic.
- Manufacturing accounts for over 75% of the total industrial production index.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' measures the annual rate of change in the Federal Reserve's industrial production index, providing a comprehensive view of U.S. manufacturing, mining, and utility output.
Q: Why is this trend relevant for users or analysts?
A: This key indicator offers insight into the overall health and direction of the American industrial base, making it an important metric for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is calculated based on the Federal Reserve's monthly industrial production surveys.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the performance and trajectory of the U.S. industrial sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Federal Reserve, with a typical publication lag of around 15 days.
Related Trends
Hourly Compensation for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U120000000
Output per Worker for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244W001000000
Hourly Compensation for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248U120000000
Labor Compensation for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244L020000000
Output per Worker for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423W001000000
Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T051000000
Citation
U.S. Federal Reserve, Percent Change from Year Ago (IPUGN4233W001000000), retrieved from FRED.