Infra-Annual Labor Statistics: Employment: Economic Activity: Services: Total for Portugal
Annual, Seasonally Adjusted
LFEASETTPTA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,701,125.00
Year-over-Year Change
27.11%
Date Range
1/1/1998 - 1/1/2024
Summary
This metric tracks the annual, seasonally adjusted total employment in the U.S. transportation and warehousing sector. It provides a broad indicator of economic activity and labor market trends in this critical 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 total employment in the transportation and warehousing sector reflects the number of workers engaged in activities such as air, rail, water, and truck transportation, as well as warehousing and storage. This data series is a key economic indicator monitored by policymakers and analysts to gauge the health of the logistics and distribution segments.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Transportation and warehousing employment trends are closely watched for insights into consumer demand, supply chain dynamics, and the broader macroeconomic environment.
Key Facts
- Transportation and warehousing accounts for over 5% of total U.S. employment.
- Employment in this sector has grown by over 20% since the 2008-2009 recession.
- Air transportation and trucking are the largest components of the industry.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the U.S. transportation and warehousing sector, including air, rail, water, and truck transportation, as well as warehousing and storage activities.
Q: Why is this trend relevant for users or analysts?
A: Transportation and warehousing employment is a key indicator of economic activity, as it reflects demand for logistics and distribution services. This data provides insights into consumer spending, supply chain dynamics, and the broader health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor transportation and warehousing employment trends to assess the state of the economy, consumer demand, and supply chain conditions. This data informs decision-making on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be a delay in reflecting the most recent economic conditions.
Related Trends
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PRTCPHP0702IXOBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Miscellaneous Goods and Services for Portugal
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Harmonized Index of Consumer Prices: Combined Passenger Transport for Portugal
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Infra-Annual Labor Statistics: Working-Age Population Male: From 25 to 54 Years for Portugal
LFWA25MAPTA647S
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Portugal
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Infra-Annual Labor Statistics: Working-Age Population Total: From 25 to 54 Years for Portugal
LFWA25TTPTA647N
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFEASETTPTA647S), retrieved from FRED.