Hours Worked for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.10
Year-over-Year Change
-38.42%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the monthly production index for the U.S. drycleaning and laundry services industry, excluding coin-operated establishments. It provides insights into the performance and output of this key service 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 Hours Worked for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) index tracks the monthly changes in the volume of production-worker hours for this industry. It is a valuable indicator of economic activity and can help policymakers and analysts assess the health of the broader service sector.
Methodology
The data is collected through surveys of establishments in the drycleaning and laundry services industry.
Historical Context
This production index is used by economists and policymakers to monitor trends in the services sector and overall economic conditions.
Key Facts
- This index is based on the North American Industry Classification System (NAICS) code 812320.
- The index measures production-worker hours, not overall employment in the industry.
- Drycleaning and laundry services are a key component of the broader services sector in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production index for the U.S. drycleaning and laundry services industry, excluding coin-operated establishments. It provides insights into the output and performance of this key service sector.
Q: Why is this trend relevant for users or analysts?
A: This production index is a valuable indicator of economic activity and can help policymakers and analysts assess the health of the broader services sector in the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments in the drycleaning and laundry services industry.
Q: How is this trend used in economic policy?
A: This production index is used by economists and policymakers to monitor trends in the services sector and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with typical publication delays of a few weeks.
Related Trends
Real Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States
IPUUN812320T010000000
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IPUUN8121W010000000
Unit Labor Costs for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
IPUUN812210U101000000
Hourly Compensation for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 81231) in the United States
IPUUN81231U120000000
Employment for Other Services (Except Public Administration): Religious Organizations (NAICS 813110) in the United States
IPUUN813110W201000000
Employment for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
IPUUN811420W010000000
Citation
U.S. Federal Reserve, Hours Worked for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 812320) in the United States (IPUUN812320L010000000), retrieved from FRED.