All Employees: Retail Trade in Arkansas
SMS05000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.20
Year-over-Year Change
1.74%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Arkansas' series measures the total number of jobs in the retail trade sector in the state of Arkansas. This key economic indicator provides insights into the health and performance of the state's retail 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
This data series tracks the total employment levels in Arkansas' retail trade sector, which includes businesses engaged in selling merchandise and providing services directly to consumers. It is an important economic indicator used by policymakers, analysts, and businesses to monitor consumer demand and the overall state of the Arkansas economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in retail trade employment are closely watched by economists and policymakers as a gauge of consumer spending and overall economic conditions.
Key Facts
- Arkansas retail trade employment accounts for around 10% of the state's total nonfarm payrolls.
- Retail trade is the second-largest private sector employer in Arkansas behind healthcare.
- The state's retail trade industry has seen steady job growth in recent years, mirroring national trends.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Retail Trade in Arkansas' series measures the total number of jobs in the retail trade sector within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: Trends in retail trade employment are closely watched as an indicator of consumer spending and overall economic conditions in Arkansas.
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: Policymakers and economists use this data to monitor the health of the Arkansas retail sector and make informed decisions about economic policies and interventions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, so it provides relatively timely information on the state's retail trade employment.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Arkansas (SMS05000004200000001), retrieved from FRED.