All Employees: Retail Trade in Washington
SMS53000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
332.90
Year-over-Year Change
-0.54%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Washington' series tracks the total number of people employed in the retail sector across the state of Washington. This key economic indicator provides insight into consumer spending patterns and the overall health of the state'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 series measures the total number of non-farm employees working in the retail industry in the state of Washington. Retail employment is a leading indicator of consumer demand and an important component of overall economic activity in the state.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor retail employment trends to gauge consumer confidence and make informed decisions about economic policy.
Key Facts
- Washington's retail sector employs over 400,000 workers.
- Retail jobs account for nearly 10% of total employment in Washington.
- Retail trade employment has grown by 20% in Washington over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm employees working in the retail industry across the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: Retail employment is a key indicator of consumer spending and overall economic health in Washington, making this trend highly relevant for policymakers, economists, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor retail employment trends to gauge consumer confidence and make informed decisions about economic policy, such as interest rates and fiscal stimulus.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Washington (SMS53000004200000001), retrieved from FRED.