Output per Worker for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
Index 2017=100
IPUGN423W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105.55
Year-over-Year Change
10.91%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the growth in total industrial production, including manufacturing, mining, and utilities. It is a key indicator of overall economic activity and capacity utilization.
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 tracks changes in the total volume of industrial production in the United States. It provides insight into the health and direction of the broader economy by measuring output across a range of industrial sectors.
Methodology
The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Historical Context
The Index 2017=100 is closely monitored by policymakers, analysts, and investors to gauge the strength of the U.S. industrial economy.
Key Facts
- The index has a base year of 2017 with a value of 100.
- Industrial production accounts for around 20% of total U.S. economic output.
- The index reached an all-time high of 104.4 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the total volume of industrial production in the United States, including manufacturing, mining, and utilities.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of overall economic activity and capacity utilization, providing insight into the health and direction of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial facilities and calculated as an index with a base year of 2017.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by policymakers, analysts, and investors to gauge the strength of the U.S. industrial economy and inform economic decision-making.
Q: Are there update delays or limitations?
A: The index is published monthly by the Federal Reserve with a typical release delay of around two weeks.
Related Trends
Sectoral Output for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241T300000000
Sectoral Output Price Deflator for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T051000000
Unit Labor Costs for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241U100000000
Labor Compensation for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234L021000000
Real Sectoral Output for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239T011000000
Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T301000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN423W000000000), retrieved from FRED.