Employment for Wholesale Trade: Lumber and Other Construction Materials Merchant Wholesalers (NAICS 4233) in the United States
Index 2017=100
IPUGN4233W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.02
Year-over-Year Change
37.19%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks changes in the total production of U.S. manufacturing industries. This key economic indicator provides insights into the health and performance of the broader industrial 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 Index 2017=100 measures the change in total industrial production over time, with 2017 set as the base year at 100. It covers a wide range of manufacturing, mining, and utility activities, making it a comprehensive gauge of U.S. industrial activity.
Methodology
The data is collected through monthly surveys of industrial facilities and calculated by the Federal Reserve.
Historical Context
The Index 2017=100 is closely watched by policymakers, economists, and investors as a barometer of the nation's economic conditions.
Key Facts
- The index reached a record high of 102.7 in March 2022.
- Manufacturing accounts for over 75% of the total index.
- The index fell sharply during the COVID-19 pandemic but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures changes in the total production of U.S. manufacturing, mining, and utility industries over time.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and performance of the broader U.S. industrial sector, providing insights that are important for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of industrial facilities and calculated by the Federal Reserve.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other policymakers as a gauge of the nation's economic conditions and industrial activity.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release lag of around two weeks.
Related Trends
Sectoral Output Price Deflator for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243T050000000
Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T011000000
Employment for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42W201000000
Sectoral Output Price Deflator for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210T050000000
Hourly Compensation for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248U120000000
Unit Labor Costs for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247U101000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN4233W010000000), retrieved from FRED.