Work Started: Construction: Dwellings and Residential Buildings: Total for United States
Number, Monthly level, Monthly, Not Seasonally Adjusted
USAWSCNDW01MLM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120,500.00
Year-over-Year Change
8.46%
Date Range
1/1/1960 - 11/1/2023
Summary
This economic trend measures the monthly level of the U.S. wholesale trade sales of durable goods, providing insights into the overall health of the wholesale 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 U.S. wholesale trade sales of durable goods is a key indicator of economic activity, as it reflects the demand for capital equipment and consumer durables from businesses and households.
Methodology
The data is collected through surveys of wholesale trade businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists and policymakers to assess the state of the broader economy.
Key Facts
- Wholesale trade accounts for over 25% of U.S. gross domestic product (GDP).
- Durable goods sales make up around 40% of total wholesale trade.
- This trend is released monthly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly level of U.S. wholesale trade sales of durable goods, providing insights into the overall health of the wholesale sector.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade sales of durable goods is a key indicator of economic activity, as it reflects the demand for capital equipment and consumer durables from businesses and households.
Q: How is this data collected or calculated?
A: The data is collected through surveys of wholesale trade businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend 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 by the U.S. Census Bureau, with a typical release lag of 4-6 weeks.
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Citation
U.S. Federal Reserve, Number, Monthly level, Monthly, Not Seasonally Adjusted (USAWSCNDW01MLM), retrieved from FRED.