All Employees: Wholesale Trade in Connecticut
SMS09000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.70
Year-over-Year Change
2.96%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Wholesale Trade in Connecticut' series measures the total number of people employed in the wholesale trade industry across the state of Connecticut. This metric is an important indicator of economic activity and business conditions within this key 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 wholesale trade industry encompasses businesses that sell goods in large quantities to other businesses, rather than directly to consumers. This employment series provides insight into the overall health and hiring trends of Connecticut's wholesale distribution networks, which are crucial to the state's supply chains and broader economic performance.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of Connecticut's commercial ecosystem and make informed decisions about economic development strategies.
Key Facts
- Connecticut is a major hub for wholesale trade in the Northeast region.
- Wholesale jobs account for over 5% of total employment in the state.
- The wholesale trade industry has seen steady growth in Connecticut over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the wholesale trade industry across the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade industry is a crucial component of Connecticut's commercial ecosystem, and this employment metric provides valuable insight into the overall health and hiring trends within this key sector.
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: Policymakers and analysts use this metric to assess the strength of Connecticut's commercial ecosystem and make informed decisions about economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Connecticut (SMS09000004100000001), retrieved from FRED.