Real Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-7.80
Year-over-Year Change
-193.98%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of metal and mineral merchant wholesalers, providing insight into a key sector of the U.S. economy. It is an important indicator for economists and policymakers monitoring industrial activity and supply chain dynamics.
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: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States tracks the real, inflation-adjusted production levels of businesses that wholesale metal and mineral products, excluding petroleum. This metric offers a gauge of activity and demand in this industrial distribution segment.
Methodology
The data is collected by the U.S. Federal Reserve through surveys of businesses in the metal and mineral wholesale trade industry.
Historical Context
This trend is used by economists, analysts, and policymakers to assess the health and outlook of the wholesale trade sector and its role in the broader industrial economy.
Key Facts
- The data is reported on a monthly basis.
- This sector accounts for over $300 billion in annual U.S. economic output.
- Wholesale trade plays a vital role in the distribution of essential industrial materials.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real, inflation-adjusted output of businesses that wholesale metal and mineral products, excluding petroleum, in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of the metal and mineral wholesale trade sector, which is an important part of the broader industrial supply chain and economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys of businesses in the metal and mineral wholesale trade industry.
Q: How is this trend used in economic policy?
A: Economists, analysts, and policymakers use this trend to assess the state of the wholesale trade sector and its implications for the broader industrial economy and supply chains.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States (IPUGN4235T011000000), retrieved from FRED.