All Employees: Retail Trade in South Carolina
SMS45000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.00
Year-over-Year Change
0.71%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the retail trade industry in South Carolina. It provides insights into the state's consumer demand and economic activity.
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 All Employees: Retail Trade in South Carolina metric tracks the total employment in the retail sector within the state. It is a key indicator of consumer spending and the overall health of the state's economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to gauge South Carolina's economic performance and consumer confidence.
Key Facts
- South Carolina's retail sector employs over 400,000 workers.
- Retail trade accounts for nearly 15% of the state's total employment.
- The retail industry is a major driver of South Carolina's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the retail trade industry within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: The retail employment trend provides insights into consumer spending and the overall health of South Carolina's economy.
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, economists, and businesses closely monitor this trend to gauge economic performance and consumer confidence in South Carolina.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in South Carolina (SMS45000004200000001), retrieved from FRED.