Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Employees, Retail Trade
CES4200000034 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103.30
Year-over-Year Change
0.98%
Date Range
1/1/1972 - 7/1/2025
Summary
Tracks weekly work hours for production employees in retail trade. Provides critical insight into labor utilization and economic activity in the retail 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
This index measures total hours worked by nonsupervisory employees in retail trade. It helps economists understand workforce engagement and economic productivity.
Methodology
Collected through establishment surveys tracking employee hours and employment levels.
Historical Context
Used by policymakers to assess labor market conditions and retail sector performance.
Key Facts
- Reflects total work hours in retail sector
- Indicates economic activity and employment trends
- Critical for understanding labor market dynamics
FAQs
Q: What does this index measure?
A: Tracks total weekly hours worked by nonsupervisory employees in retail trade. Provides insights into labor utilization.
Q: Why are aggregate hours important?
A: Hours worked indicate economic productivity and potential consumer spending. Helps predict economic trends.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics. Provides current labor market information.
Q: Can this index predict economic changes?
A: Changes in retail work hours can signal broader economic shifts in consumer spending and employment.
Q: What limitations exist in this data?
A: Represents only nonsupervisory employees. Does not capture full employment picture across all retail segments.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Employees, Retail Trade (CES4200000034), retrieved from FRED.