Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423T300000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,796,659.51
Year-over-Year Change
53.17%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the monthly production output of wholesale trade businesses that sell durable goods in the United States. It provides important insights into the overall health and activity of the wholesale trade 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 Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) metric tracks the production and distribution of durable goods through wholesale channels. This data series is a key indicator of economic conditions and business investment for the wholesale trade industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of wholesale trade businesses.
Historical Context
This economic indicator is closely monitored by policymakers, analysts, and businesses to assess the strength of the broader economy.
Key Facts
- Durable goods account for approximately 40% of total U.S. wholesale trade.
- The wholesale trade sector employs over 5.7 million workers in the United States.
- Wholesale trade output is a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production output of wholesale trade businesses that sell durable goods in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and activity of the wholesale trade sector, which is a key driver of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of wholesale trade businesses.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by policymakers, analysts, and businesses to assess the strength of the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions over time.
Related Trends
Labor Productivity for Wholesale Trade: Farm Product Raw Material Merchant Wholesalers (NAICS 4245) in the United States
IPUGN4245L000000000
Sectoral Output Price Deflator for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 424210) in the United States
IPUGN424210T050000000
Real Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T011000000
Labor Compensation for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421U110000000
Output per Worker for Wholesale Trade: Petroleum and Petroleum Products Merchant Wholesalers (NAICS 4247) in the United States
IPUGN4247W001000000
Real Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T010000000
Citation
U.S. Federal Reserve, Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States (IPUGN423T300000000), retrieved from FRED.