Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244T011000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.10
Year-over-Year Change
-65.63%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures the real output of the wholesale trade sector for grocery and related product wholesalers in the United States. It provides important insights into the performance and productivity of this key segment of the supply chain.
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 Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States tracks the volume of goods and services produced by this wholesale trade industry. It is a valuable indicator of supply chain dynamics and economic conditions in the food and beverage distribution network.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of wholesale trade businesses.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and efficiency of the grocery supply chain.
Key Facts
- The grocery wholesale sector accounts for over $1 trillion in annual sales.
- This trend has shown steady growth over the past decade.
- Efficient wholesale trade is critical for maintaining stable food prices and availability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output, or volume of goods and services produced, by the wholesale trade sector for grocery and related product wholesalers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the performance and productivity of a key segment of the supply chain, which is critical for maintaining stable food prices and availability.
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 trend is closely monitored by policymakers, economists, and industry analysts to assess the health and efficiency of the grocery supply chain.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Real Sectoral Output for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States (IPUGN4244T011000000), retrieved from FRED.