All Employees: Trade, Transportation, and Utilities in Arizona
AZTRAD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
617.60
Year-over-Year Change
-0.63%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Trade, Transportation, and Utilities in Arizona' trend measures employment levels in these key economic sectors across the state. This metric provides insight into the overall health and activity of Arizona'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
This data series tracks the total number of people employed in trade, transportation, and utility industries in the state of Arizona. It is a widely-used indicator of economic activity and consumer demand, as these sectors are closely tied to consumer spending and business operations.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Arizona's economy and monitor its recovery from economic shocks.
Key Facts
- Arizona's trade, transportation, and utilities sector employs over 800,000 workers.
- This industry group accounts for nearly 20% of Arizona's total nonfarm employment.
- Employment in this sector has rebounded to pre-pandemic levels in Arizona.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Trade, Transportation, and Utilities in Arizona' series tracks total employment levels in these key economic sectors across the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and activity of Arizona's economy, as the trade, transportation, and utilities industries are closely tied to consumer spending and business operations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Arizona's economy and monitor its recovery from economic shocks.
Q: Are there update delays or limitations?
A: The data is published monthly with a relatively short lag, providing timely insights into economic conditions in Arizona.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in Arizona (AZTRAD), retrieved from FRED.