Real Gross Domestic Product: Wholesale Trade (42) in Montana
Annual, Not Seasonally Adjusted
MTWHOLERGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,966.50
Year-over-Year Change
21.55%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures total wholesale trade sales in the United States. It provides insights into the overall wholesale trade industry and consumer demand.
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
This trend represents the total value of sales by merchant wholesalers, excluding manufacturers' sales branches and offices. It is a key indicator of economic activity and consumer spending patterns.
Methodology
The data is collected through monthly surveys of wholesale businesses by the U.S. Census Bureau.
Historical Context
Wholesale trade data is closely watched by economists and policymakers to assess the health of the broader economy.
Key Facts
- The annual wholesale trade sales reached over $6 trillion in 2021.
- Wholesale trade accounts for about 6% of U.S. GDP.
- Durable goods make up around 40% of total wholesale trade sales.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of sales by merchant wholesalers in the United States, excluding manufacturers' sales branches and offices.
Q: Why is this trend relevant for users or analysts?
A: Wholesale trade data provides insights into consumer demand, economic activity, and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of wholesale businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Wholesale trade data is closely monitored by economists and policymakers to assess the state of the broader economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (MTWHOLERGSP), retrieved from FRED.