All Employees: Trade, Transportation, and Utilities in Minnesota
MNTRADN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
541.90
Year-over-Year Change
0.87%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Trade, Transportation, and Utilities in Minnesota' trend measures employment in these key economic sectors for the state of Minnesota. This data is closely watched by policymakers and analysts to gauge the health of Minnesota'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 indicator tracks the total number of people employed in trade, transportation, and utilities industries across Minnesota. These sectors are major drivers of economic activity and provide important context for understanding the state's overall labor market conditions.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in Minnesota's trade, transportation, and utilities employment are relevant for evaluating the state's economic performance and informing policy decisions.
Key Facts
- Minnesota is a major logistics hub in the Midwest.
- The trade, transportation, and utilities sector accounts for over 20% of Minnesota's total employment.
- Employment in this sector has rebounded strongly since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in Minnesota's trade, transportation, and utilities industries, which are crucial components of the state's economy.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in these key sectors provides important insights into the overall health and performance of Minnesota's economy.
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 data to evaluate Minnesota's economic conditions and inform policy decisions that impact these important industries.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in Minnesota (MNTRADN), retrieved from FRED.