Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Turkiye
Annual, Seasonally Adjusted
LFEAMNTTTRA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,280,000.00
Year-over-Year Change
42.11%
Date Range
1/1/2006 - 1/1/2024
Summary
This economic trend measures annual, seasonally adjusted employment for the trade, transportation, and utilities sector in the United States. It provides important insights into the health and dynamics of a key component of the U.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
The annual, seasonally adjusted employment in trade, transportation, and utilities represents the total number of jobs in this industry sector, adjusted for expected seasonal fluctuations. This metric is widely used by economists and policymakers to monitor employment trends and assess the overall performance of the U.S. economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by the Federal Reserve and other economic institutions to inform policy decisions and market analyses.
Key Facts
- The trade, transportation, and utilities sector accounts for over 20% of total U.S. employment.
- Employment in this sector has seen steady growth since the 2008-2009 recession.
- The COVID-19 pandemic caused a sharp decline in trade, transportation, and utilities employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, seasonally adjusted employment in the trade, transportation, and utilities sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and dynamics of a key component of the U.S. economy, and is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by the Federal Reserve and other economic institutions to inform policy decisions and market analyses.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFEAMNTTTRA647S), retrieved from FRED.