Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.40
Year-over-Year Change
-300.00%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) measures the change in prices charged by wholesalers of paper and paper products. This metric is a key indicator of inflation and price dynamics in 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
This index tracks the change in prices received by wholesalers for selling a basket of paper and paper products to their customers. It serves as an important gauge of inflationary pressures and pricing power in this segment of the wholesale trade industry.
Methodology
The data is collected through surveys of wholesale businesses and calculated using a fixed-weight formula.
Historical Context
Policymakers and analysts monitor this index to assess price trends and their potential impact on overall economic conditions.
Key Facts
- The index is based on 2012 as the reference year.
- Wholesale trade accounts for over $6 trillion in annual sales in the U.S.
- Paper and paper products are a critical input for many manufacturing and service industries.
FAQs
Q: What does this economic trend measure?
A: This index measures the change in prices charged by wholesalers of paper and paper products to their customers. It serves as an indicator of inflation in the wholesale trade sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding pricing dynamics and inflationary pressures in the wholesale trade industry, which is a key segment of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale businesses and calculated using a fixed-weight formula.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this index to assess price trends and their potential impact on overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
Real Sectoral Output for Wholesale Trade: Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers (NAICS 4237) in the United States
IPUGN4237T010000000
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Unit Labor Costs for Wholesale Trade: Chemical and Allied Products Merchant Wholesalers (NAICS 4246) in the United States
IPUGN4246U101000000
Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
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Labor Compensation for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249L021000000
Sectoral Output for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
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Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States (IPUGN4241T051000000), retrieved from FRED.