Labor Productivity for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
Index 2017=100
IPUGN423L000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.04
Year-over-Year Change
12.56%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 tracks changes in the level of manufacturing production in the United States. This index is a key indicator of the health and direction of the U.S. 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 is a seasonally adjusted index that measures the volume of production from U.S. manufacturing facilities. It is a widely followed gauge of the overall state of the nation's industrial production and can signal shifts in economic growth.
Methodology
The data is collected through surveys of manufacturing establishments across the country.
Historical Context
The Index 2017=100 is closely monitored by policymakers, analysts, and businesses to assess the broader economic climate.
Key Facts
- The index base year is 2017.
- It covers a wide range of manufacturing industries.
- Declines in the index can signal an economic slowdown.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the volume of production from U.S. manufacturing facilities, providing a gauge of the overall state of the nation's industrial sector.
Q: Why is this trend relevant for users or analysts?
A: The index is a closely watched indicator that provides insight into the health and direction of the U.S. industrial economy, which is a crucial driver of broader economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments across the country.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is monitored by policymakers, analysts, and businesses to assess the broader economic climate and inform decision-making.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical delay of a few weeks from the end of the reference period.
Related Trends
Output per Worker for Wholesale Trade: Apparel, Piece Goods, and Notions Merchant Wholesalers (NAICS 4243) in the United States
IPUGN4243W000000000
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T300000000
Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T301000000
Labor Compensation for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245L020000000
Output per Worker for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210W001000000
Sectoral Output Price Deflator for Wholesale Trade: Electrical and Electronic Goods Merchant Wholesalers (NAICS 4236) in the United States
IPUGN4236T050000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN423L000000000), retrieved from FRED.