Output per Worker for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425W000000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.08
Year-over-Year Change
33.22%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the output per worker for the wholesale electronic markets and agents and brokers industry (NAICS 425) in the United States. It provides insight into productivity and efficiency within this key 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
The Output per Worker for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) metric tracks the real output per employee in this subsector of the wholesale trade industry. It serves as an important indicator of labor productivity and can inform economic analyses and policymaking.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on industry-level production and employment figures.
Historical Context
This productivity trend is widely used by economists, industry analysts, and policymakers to assess the health and competitiveness of the wholesale electronic markets and agents and brokers industry.
Key Facts
- The wholesale electronic markets and agents and brokers industry (NAICS 425) accounts for over $1 trillion in annual sales in the U.S.
- Productivity in this sector has grown by over 25% in the past decade.
- Wholesale intermediaries play a critical role in the broader U.S. supply chain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the real output per worker in the wholesale electronic markets and agents and brokers industry (NAICS 425) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This productivity metric provides important insights into the efficiency and competitiveness of a key segment of the wholesale trade industry, which is a critical part of the broader U.S. supply chain.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on industry-level production and employment figures.
Q: How is this trend used in economic policy?
A: Economists, industry analysts, and policymakers use this productivity metric to assess the health and competitiveness of the wholesale electronic markets and agents and brokers industry, which can inform economic analyses and policy decisions.
Q: Are there update delays or limitations?
A: There may be some lag in the availability of the latest data, as it is collected and calculated by the Federal Reserve. Users should check the most recent release dates to understand any potential delays or limitations.
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Citation
U.S. Federal Reserve, Output per Worker for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States (IPUGN425W000000000), retrieved from FRED.