Gross Domestic Product: Wholesale Trade (42) in Massachusetts
Annual, Not Seasonally Adjusted
MAWHOLENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,590.40
Year-over-Year Change
59.49%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the annual average of the Manufacturing and Wholesale, Not Seasonally Adjusted Producer Price Index. This index reflects price changes for manufactured goods and wholesale products sold in the U.S. economy.
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 Annual, Not Seasonally Adjusted trend provides a high-level view of inflation in the manufacturing and wholesale sectors. It is widely used by economists, policymakers, and market analysts to understand broader price dynamics and guide economic decision-making.
Methodology
The data is collected through surveys of producer prices and aggregated by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to assess inflationary pressures and the overall health of the industrial economy.
Key Facts
- The index is set to a base year of 2012 = 100.
- Prices have risen by an average of 2.5% per year over the past decade.
- The index reached an all-time high of 118.6 in 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the average annual change in producer prices for manufactured goods and wholesale products in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into broader inflationary pressures, allowing economists and policymakers to assess the health of the industrial sector and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of producer prices by the U.S. Bureau of Labor Statistics and aggregated into an annual average.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this trend to evaluate inflationary risks and guide monetary policy decisions to maintain price stability.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted data is published with a lag of several months, so it may not reflect the most recent price changes in the economy.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (MAWHOLENGSP), retrieved from FRED.