All Employees: Retail Trade in Ohio
SMS39000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
543.70
Year-over-Year Change
0.54%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Ohio' series measures the total number of people employed in the retail trade industry in the state of Ohio. This metric is an important indicator of economic activity and consumer spending in the region.
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 series tracks the total number of people employed in the retail trade sector in Ohio. Retail trade is a key component of the state's economy, and changes in retail employment can signal shifts in consumer demand and overall economic health.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the strength of Ohio's consumer-driven economy.
Key Facts
- Ohio is the 7th largest state by population in the U.S.
- Retail trade accounts for over 10% of Ohio's total employment.
- Ohio's retail sector was impacted by the COVID-19 pandemic in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Retail Trade in Ohio' series measures the total number of people employed in the retail trade industry in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: Changes in retail employment can signal shifts in consumer demand and overall economic health in Ohio, making this trend an important indicator for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of Ohio's consumer-driven economy and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with typical update delays of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Ohio (SMS39000004200000001), retrieved from FRED.