Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States
IPUUN81232T301000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.40
Year-over-Year Change
-866.67%
Date Range
1/1/1988 - 1/1/2022
Summary
This economic indicator measures the sectoral output for drycleaning and laundry services (except coin-operated) in the United States. It provides insights into the performance and activity levels of this specific service 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 Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States is a key indicator for tracking the output and productivity of this service sector. It is used by economists and policymakers to assess the overall health and trends within the broader services industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of their industrial production index.
Historical Context
This trend is closely monitored by analysts and policymakers to understand the dynamics of the services sector and its impact on the broader economy.
Key Facts
- The service sector accounts for over 70% of the U.S. GDP.
- Drycleaning and laundry services contribute significantly to the overall services industry.
- This indicator tracks changes in output levels for a specific services subsector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the sectoral output for drycleaning and laundry services (except coin-operated) in the United States. It provides insights into the performance and activity levels of this specific service industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the dynamics and health of the broader services sector, which is a crucial component of the U.S. economy.
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 index.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by analysts and policymakers to assess the performance of the services sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the same update schedule and potential limitations as the broader industrial production index published by the Federal Reserve.
Related Trends
Unit Labor Costs for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 81142) in the United States
IPUUN81142U100000000
Hours Worked for Other Services (Except Public Administration): Religious Organizations (NAICS 8131) in the United States
IPUUN8131L201000000
Real Sectoral Output for Other Services (Except Public Administration): Personal Care Services (NAICS 8121) in the United States
IPUUN8121T011000000
Employment for Other Services (Except Public Administration): Linen and Uniform Supply (NAICS 81233) in the United States
IPUUN81233W010000000
Labor Compensation for Other Services (Except Public Administration): Coin-Operated Laundries and Drycleaners (NAICS 812310) in the United States
IPUUN812310U110000000
Employment for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 81131) in the United States
IPUUN81131W200000000
Citation
U.S. Federal Reserve, Sectoral Output for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States (IPUUN81232T301000000), retrieved from FRED.