Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States

IPUUN812310T301000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.20

Year-over-Year Change

130.19%

Date Range

1/1/1988 - 1/1/2022

Summary

This economic trend measures the sectoral output for coin-operated laundries and drycleaners in the United States. It provides insight into the performance and productivity of this service-oriented industry, which is an important component of the broader services 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 Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) trend represents the monthly industrial production index for this specific industry. It serves as a key indicator of economic activity and market conditions within the U.S. services sector.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on surveys of industrial production.

Historical Context

This trend is used by economists, policymakers, and market analysts to assess the health and performance of the U.S. services industry.

Key Facts

  • This index represents over 700,000 coin-operated laundry and drycleaning establishments in the U.S.
  • The services sector accounts for over two-thirds of U.S. economic output.
  • Trends in this industry can signal broader shifts in consumer spending and service-sector activity.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monthly industrial production index for coin-operated laundries and drycleaners (NAICS 812310) in the United States.

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

A: This trend provides insight into the performance and productivity of an important service-oriented industry, which can signal broader trends in the U.S. services sector and consumer spending.

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 industrial production.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to assess the health and performance of the U.S. services industry, which is a critical component of the broader economy.

Q: Are there update delays or limitations?

A: There may be lags in data reporting or revisions due to the survey-based methodology used to collect this information.

Related Trends

Citation

U.S. Federal Reserve, Sectoral Output for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States (IPUUN812310T301000000), retrieved from FRED.