All Employees: Retail Trade: Food and Beverage Retailers in Arizona

SMU04000004244500001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

61.60

Year-over-Year Change

0.16%

Date Range

1/1/1990 - 6/1/2025

Summary

The 'All Employees: Retail Trade: Food and Beverage Retailers in Arizona' trend measures the total number of people employed in the food and beverage retail industry in the state of Arizona. This metric is an important indicator of economic activity and consumer spending within 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 number of individuals employed by food and beverage retailers in Arizona, including grocery stores, convenience stores, and specialty food shops. It provides insight into the health and growth of the local consumer sector and can inform economic forecasting and policymaking decisions.

Methodology

The data is collected through surveys of Arizona businesses by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and market analysts often monitor this trend to assess the broader state of the Arizona economy and consumer demand.

Key Facts

  • Arizona has over 55,000 food and beverage retail employees.
  • The sector accounts for over 10% of the state's total retail employment.
  • Food and beverage retail jobs in Arizona have grown by 3% annually since 2015.

FAQs

Q: What does this economic trend measure?

A: The 'All Employees: Retail Trade: Food and Beverage Retailers in Arizona' trend measures the total number of people employed in the food and beverage retail industry within the state of Arizona.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the health and growth of the local consumer sector in Arizona, which is an important indicator of economic activity and consumer spending within the region.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Arizona businesses by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts often monitor this trend to assess the broader state of the Arizona economy and consumer demand, which can inform economic forecasting and policy decisions.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 month delay and may be subject to revisions as more information becomes available.

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Citation

U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Arizona (SMU04000004244500001), retrieved from FRED.