All Employees: Wholesale Trade in Arizona
SMU04000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.40
Year-over-Year Change
28.39%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Wholesale Trade in Arizona' metric tracks the total number of employees in the wholesale trade industry across the state of Arizona. This metric provides valuable insights into the health and activity of Arizona's wholesale trade 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 'All Employees: Wholesale Trade in Arizona' data series measures the total nonfarm employment in the wholesale trade industry for the state of Arizona. This metric is a key indicator of economic activity and business conditions in the wholesale distribution sector, which plays a vital role in the state's overall economic ecosystem.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the performance and trends within Arizona's wholesale trade industry, which can inform economic and business policy decisions.
Key Facts
- Arizona's wholesale trade industry employs over 100,000 workers.
- Wholesale trade accounts for approximately 5% of Arizona's total nonfarm employment.
- The wholesale trade sector in Arizona has experienced steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Wholesale Trade in Arizona' metric measures the total number of employees in the wholesale trade industry across the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and activity of Arizona's wholesale trade sector, which is a key component of the state's overall economic ecosystem.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted 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 performance and trends within Arizona's wholesale trade industry, which can inform economic and business policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-month delay in reporting.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Arizona (SMU04000004100000001A), retrieved from FRED.