Output per Worker for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States

IPUGN4249W001000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-7.00

Year-over-Year Change

-2433.33%

Date Range

1/1/1988 - 1/1/2024

Summary

This economic trend measures output per worker for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States. It provides insights into productivity and efficiency within this specific wholesale industry.

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 Output per Worker metric tracks the real output, or productivity, of workers in the Miscellaneous Nondurable Goods Merchant Wholesalers industry. This data point is useful for economists and policymakers to analyze industry-specific trends and benchmark worker productivity.

Methodology

The data is collected and calculated by the U.S. Federal Reserve as part of their industrial production indices.

Historical Context

This productivity metric can inform decisions around economic policy, labor markets, and industry competitiveness.

Key Facts

  • Measures worker productivity in the Miscellaneous Nondurable Goods Merchant Wholesalers industry.
  • Data is part of the U.S. Federal Reserve's industrial production indices.
  • Can inform economic policy and industry competitiveness analysis.

FAQs

Q: What does this economic trend measure?

A: This trend measures the real output per worker for the Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) industry in the United States.

Q: Why is this trend relevant for users or analysts?

A: This productivity metric provides insights into the efficiency and competitiveness of this specific wholesale industry, which can inform economic policy, labor market analysis, and industry benchmarking.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve as part of their industrial production indices.

Q: How is this trend used in economic policy?

A: This productivity metric can be used by economists and policymakers to analyze industry-specific trends, benchmark worker efficiency, and inform decisions around economic policy, labor markets, and industry competitiveness.

Q: Are there update delays or limitations?

A: The data is subject to the regular update schedule and potential revisions of the U.S. Federal Reserve's industrial production indices.

Related Trends

Citation

U.S. Federal Reserve, Output per Worker for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States (IPUGN4249W001000000), retrieved from FRED.