Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249T051000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.30
Year-over-Year Change
-51.85%
Date Range
1/1/1988 - 1/1/2024
Summary
The Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States measures the change in prices received by wholesalers of miscellaneous nondurable goods. This metric is a key indicator of inflationary pressures 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 series represents the Producer Price Index (PPI) for the Miscellaneous Nondurable Goods Merchant Wholesalers industry, which covers a wide range of wholesale products. It is used by economists and policymakers to assess pricing dynamics and inflationary trends in the wholesale trade segment of the economy.
Methodology
The data is collected through surveys of wholesale establishments and calculated using the Laspeyres formula.
Historical Context
This sectoral price index helps inform monetary policy decisions and provides insights into broader macroeconomic conditions.
Key Facts
- This index covers over 300 individual commodities.
- Wholesale trade accounts for approximately 6% of U.S. GDP.
- The base year for this index is 2012.
FAQs
Q: What does this economic trend measure?
A: This trend measures the change in prices received by wholesalers of miscellaneous nondurable goods, including products like paper, chemicals, and plastics.
Q: Why is this trend relevant for users or analysts?
A: This sectoral price index provides important insights into inflationary pressures and pricing dynamics in the wholesale trade industry, which is a key component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale establishments and calculated using the Laspeyres formula.
Q: How is this trend used in economic policy?
A: This index helps inform monetary policy decisions and provides insights into macroeconomic conditions that are relevant for policymakers, economists, and market analysts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
Output per Worker for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241W000000000
Labor Compensation for Wholesale Trade: Miscellaneous Durable Goods Merchant Wholesalers (NAICS 4239) in the United States
IPUGN4239L020000000
Hours Worked for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L010000000
Real Sectoral Output for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235T011000000
Employment for Wholesale Trade: Grocery and Related Product Wholesalers (NAICS 4244) in the United States
IPUGN4244W200000000
Sectoral Output for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234T300000000
Citation
U.S. Federal Reserve, Sectoral Output Price Deflator for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States (IPUGN4249T051000000), retrieved from FRED.