All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Alabama
SMU01000004244400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.62
Year-over-Year Change
0.39%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the retail trade sector for building material and garden equipment and supplies dealers in the state of Alabama. It provides insights into the health and activity of this critical component 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
The All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Alabama trend tracks the employment levels in this specialized retail industry, which includes establishments that sell building materials, hardware, lawn and garden equipment and supplies. This data is used by economists and policymakers to assess the broader economic conditions and consumer demand in Alabama.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend offers insights into consumer spending patterns and construction activity within Alabama, which can inform economic and policy decisions.
Key Facts
- Alabama has over 25,000 employees in building material and garden equipment retail.
- This sector accounts for nearly 10% of the state's total retail trade employment.
- Employment in this industry has grown by 5% in Alabama over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade sector for building material and garden equipment and supplies dealers in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into consumer spending, construction activity, and the overall health of Alabama's economy, making it relevant for economists, policymakers, and businesses operating in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend can inform economic and policy decisions related to consumer spending, construction, and the overall performance of Alabama's retail trade sector.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and can have a lag of a few months before the most recent information is available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Alabama (SMU01000004244400001SA), retrieved from FRED.