Real Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
Index 2017=100
IPUGN425T010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.47
Year-over-Year Change
21.26%
Date Range
1/1/1987 - 1/1/2024
Summary
The Index 2017=100 measures the overall production of U.S. non-durable manufacturing industries. It is a key economic indicator that provides insights into the health and trajectory of the manufacturing 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 Index 2017=100 is a broad measure of the volume of production output in U.S. non-durable manufacturing, which includes industries like food, beverages, textiles, and chemicals. It is used by economists and policymakers to assess the performance and trends in the manufacturing component of the economy.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as an index with a base year of 2017.
Historical Context
The Index 2017=100 is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Key Facts
- The index uses 2017 as the base year with a value of 100.
- Non-durable manufacturing accounts for around 15% of total U.S. industrial production.
- The index reached an all-time high of 108.7 in December 2021.
FAQs
Q: What does this economic trend measure?
A: The Index 2017=100 measures the overall volume of production output in U.S. non-durable manufacturing industries, which include sectors like food, textiles, and chemicals.
Q: Why is this trend relevant for users or analysts?
A: The index is a key indicator of the health and performance of the manufacturing sector, providing insights that are valuable for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as an index with a base year of 2017.
Q: How is this trend used in economic policy?
A: The Index 2017=100 is closely monitored by the Federal Reserve and other economic institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The index is published monthly with a typical release lag of around 2 months.
Related Trends
Sectoral Output for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421T300000000
Unit Labor Costs for Wholesale Trade: Wholesale Trade (NAICS 42) in the United States
IPUGN42U100000000
Real Sectoral Output for Wholesale Trade: Merchant Wholesalers, Durable Goods (NAICS 423) in the United States
IPUGN423T011000000
Hours Worked for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421L200000000
Hours Worked for Wholesale Trade: Furniture and Home Furnishing Merchant Wholesalers (NAICS 4232) in the United States
IPUGN4232L201000000
Labor Productivity for Wholesale Trade: Professional and Commercial Equipment and Supplies Merchant Wholesalers (NAICS 4234) in the United States
IPUGN4234L001000000
Citation
U.S. Federal Reserve, Index 2017=100 (IPUGN425T010000000), retrieved from FRED.