Hours Worked for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.94
Year-over-Year Change
-23.83%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the total hours worked by employees in the U.S. paper and paper product merchant wholesaler industry. It provides insights into the production and labor activity in this important 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 Hours Worked for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States trend tracks the total number of hours worked by production and non-supervisory employees in this wholesale trade industry. It serves as a key indicator of labor input and economic activity within the paper products supply chain.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and economists to assess the health and performance of the paper products distribution sector.
Key Facts
- The paper and paper product wholesale industry employs over 100,000 workers in the U.S.
- Hours worked in this sector have fluctuated with broader economic conditions.
- The trend provides a timely gauge of activity in the paper products supply chain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total hours worked by production and non-supervisory employees in the U.S. paper and paper product merchant wholesaler industry (NAICS 4241).
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor input and economic activity within the paper products supply chain, making it a key indicator monitored by policymakers, industry analysts, and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers, economists, and industry analysts to assess the health and performance of the paper products distribution sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, Hours Worked for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States (IPUGN4241L010000000), retrieved from FRED.