Work Started: Construction: Dwellings and Residential Buildings: Total for Sweden
Growth rate same period previous year, Annual, Seasonally Adjusted
WSCNDW01SEA659S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-17.47
Year-over-Year Change
-132.73%
Date Range
1/1/1966 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of the U.S. Wholesale Trade: Nondurable Goods sales, adjusted for seasonal variations. It provides insights into the overall health and trajectory of the wholesale trade 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 Growth rate same period previous year, Annual, Seasonally Adjusted trend tracks the annual percent change in wholesale nondurable goods sales. This metric is closely watched by economists and policymakers as an indicator of broader economic conditions and consumer demand.
Methodology
The data is collected through monthly surveys of wholesale trade businesses by the U.S. Census Bureau.
Historical Context
Wholesale trade figures are used to inform monetary and fiscal policy decisions.
Key Facts
- Wholesale nondurable goods account for over 50% of total U.S. wholesale trade.
- The series is seasonally adjusted to account for predictable monthly variations.
- Year-over-year growth rates provide a longer-term perspective on industry trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year percent change in U.S. wholesale nondurable goods sales, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Wholesale trade figures are a key indicator of consumer demand and broader economic conditions, making this trend valuable for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of wholesale trade businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Wholesale trade data, including this seasonally adjusted growth rate, informs monetary and fiscal policy decisions by the Federal Reserve and other government agencies.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight lag, and the seasonal adjustment process may revise historical figures over time.
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Citation
U.S. Federal Reserve, Growth rate same period previous year, Annual, Seasonally Adjusted (WSCNDW01SEA659S), retrieved from FRED.