Employment for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2.00
Year-over-Year Change
1900.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend tracks employment levels in the U.S. paper and paper product merchant wholesaler industry, which is a key indicator of activity and demand in the wholesale trade 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 Employment for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States indicator provides insights into the labor market and production dynamics of this crucial wholesale segment. It is widely used by economists, policymakers, and market analysts to assess economic conditions and forecast trends.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform decisions around monetary policy, industry investment, and supply chain management.
Key Facts
- This industry employs over 100,000 workers in the U.S.
- Employment levels declined during the 2008-2009 recession but have since recovered.
- The paper and paper product wholesale sector accounts for over 5% of total wholesale trade employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in the U.S. paper and paper product merchant wholesaler industry, which is part of the broader wholesale trade sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and activity of a key wholesale industry, helping to inform economic analysis, policy decisions, and market forecasting.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment indicator helps policymakers and analysts assess conditions in the wholesale trade sector, which is crucial for informing decisions around monetary policy, industry investment, and supply chain management.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be seasonal adjustments and revisions to prior months' figures.
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Citation
U.S. Federal Reserve, Employment for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States (IPUGN4241W201000000), retrieved from FRED.