All Employees: Retail Trade: Food and Beverage Stores in Arizona
SMU04000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.60
Year-over-Year Change
12.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Retail Trade: Food and Beverage Stores in Arizona' trend measures the total number of employees in the food and beverage retail industry in Arizona. This metric is a key indicator of consumer spending and economic activity in the state.
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 data series tracks the total number of people employed in the retail food and beverage industry in Arizona. It provides valuable insights into consumer demand, supply chain dynamics, and overall economic conditions within the state.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health of Arizona's retail sector and make informed decisions about economic policies.
Key Facts
- Arizona has over 50,000 food and beverage retail employees.
- This sector accounts for over 10% of the state's total retail workforce.
- Food and beverage stores are a major driver of Arizona's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the retail food and beverage industry in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into consumer demand, supply chain dynamics, and the overall health of Arizona's retail sector, which is crucial for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the performance of Arizona's retail industry and make informed decisions about economic policies that may impact consumer spending and business activity.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release delay of 4-6 weeks.
Related Trends
Gross Domestic Product: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in Arizona
AZMISCPRONGSP
Average Weekly Earnings of All Employees: Other Services in Arizona
SMU04000008000000011
Exports of Goods for Arizona
EXPTOTAZ
Coefficient for Transportation Carbon Dioxide Emissions, Aviation Gasoline for Arizona
EMISSCO2CAVACBAZA
Per Capita Personal Consumption Expenditures: Services: Transportation Services for Arizona
AZPCEPCTRANS
Average Weekly Hours of Production Employees: Retail Trade in Arizona
SMU04000004200000007A
Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Arizona (SMU04000004244500001A), retrieved from FRED.