Output per Worker for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.80
Year-over-Year Change
100.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the output per worker for wholesale trade of electrical and electronic goods in the United States. It provides insight into the productivity and efficiency of this key 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 Output per Worker for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) measures the inflation-adjusted value of output produced per worker in this wholesale trade industry. It serves as an important indicator of productivity and efficiency trends within this segment of the U.S. economy.
Methodology
The data is calculated by the U.S. Federal Reserve using production and employment information from the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists and policymakers to assess the health and competitiveness of the wholesale trade industry.
Key Facts
- The series dates back to 1987.
- Wholesale trade is a key component of the U.S. economy.
- Improving worker productivity can boost industry competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output or production per worker in the wholesale trade industry for electrical and electronic goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the productivity and efficiency of a key sector of the U.S. economy, which is important for understanding economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve calculates this metric using production and employment data from the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the health and competitiveness of the wholesale trade industry, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve on a monthly basis, but there may be occasional lags or revisions due to the underlying data sources.
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Citation
U.S. Federal Reserve, Output per Worker for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States (IPUGN4236W001000000), retrieved from FRED.