Output per Worker for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237W001000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
-38.33%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures output per worker for wholesale trade in hardware, plumbing, and heating equipment and supplies in the United States. It provides insights into productivity and efficiency within this key wholesaling 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: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) series tracks the inflation-adjusted output per employee for this wholesale industry. It is an important indicator of productivity and cost-efficiency trends within this distribution channel.
Methodology
The data is calculated by the U.S. Federal Reserve based on industry output and employment statistics.
Historical Context
This productivity metric is closely monitored by policymakers and industry analysts to assess the health and competitiveness of the wholesale trade sector.
Key Facts
- The series began in 1987.
- Output per worker has risen over 40% since 1987.
- Wholesale trade is a key component of U.S. economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the inflation-adjusted output per worker for wholesale trade of hardware, plumbing, and heating equipment and supplies in the United States.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric provides valuable insights into the efficiency and competitiveness of this important wholesaling sector, which is closely monitored by policymakers and industry analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve based on industry output and employment statistics.
Q: How is this trend used in economic policy?
A: This productivity indicator is used by policymakers and economists to assess the health and competitiveness of the wholesale trade industry, which is a key component of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published by the Federal Reserve on a regular basis with minimal delays.
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Citation
U.S. Federal Reserve, Output per Worker for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States (IPUGN4237W001000000), retrieved from FRED.