Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.80
Year-over-Year Change
100.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of the professional and commercial equipment and supplies merchant wholesalers sector in the United States. It is a key indicator of the overall health and productivity of this important wholesale trade industry.
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 Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States tracks the volume of goods and services produced by this wholesale trade industry. It is a valuable metric for assessing the sector's performance and economic contribution.
Methodology
The data is collected and calculated by the U.S. Federal Reserve using production volume and pricing information.
Historical Context
This trend provides insight into the state of the wholesale trade market and is used by economists, policymakers, and industry analysts to inform economic decisions.
Key Facts
- This sector accounts for over $1 trillion in annual sales.
- The industry employs more than 450,000 workers nationwide.
- Output has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output, or production volume, of the professional and commercial equipment and supplies merchant wholesalers sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and performance of a key segment of the wholesale trade industry, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data using production volume and pricing information.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to monitor the state of the wholesale trade market and inform economic decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 1-2 months between the reference period and publication.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States (IPUGN4234T011000000), retrieved from FRED.