All Employees: Retail Trade: Department Stores in Arizona
SMU04000004245510001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.30
Year-over-Year Change
-0.52%
Date Range
1/1/2006 - 7/1/2025
Summary
This economic trend measures the total number of employees in the retail trade sector specifically for department stores located in the state of Arizona. It provides insights into the labor market and economic activity within this key industry.
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: Department Stores in Arizona metric tracks employment levels in Arizona's department store retail industry. This data point is used by economists and policymakers to analyze trends in consumer spending, labor market conditions, and the broader economic health of the state.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring this employment trend is important for understanding consumer demand and making informed economic policy decisions.
Key Facts
- Arizona has over 100 department stores.
- Retail trade accounts for 10% of Arizona's GDP.
- Department store employment has declined by 20% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade sector, specifically at department stores located in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into consumer spending patterns, labor market conditions, and the overall economic health of Arizona's retail industry.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment data to monitor consumer demand, make informed decisions about economic policy, and assess the broader economic conditions in Arizona.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag from the reference period.
Similar SMU Trends
Average Weekly Earnings of All Employees: Leisure and Hospitality in Arizona
SMU04000007000000011A
Real Gross Domestic Product: Truck Transportation (484) in Arizona
AZTRUCKTRANRGSP
Industrial Carbon Dioxide Emissions, Coal for Arizona
EMISSCO2TOTVICCOAZA
Gross Domestic Product: Professional, Scientific, and Technical Services (54) in Arizona
AZPROSCITCHNGSP
Monthly State Retail Sales: Electronics and Appliance Stores in Arizona
MSRSAZ443
U.S. Granted Patents: Utility Patents Originating in Arizona
PATENTUSAZUTILITY
Citation
U.S. Federal Reserve, All Employees: Retail Trade: Department Stores in Arizona (SMU04000004245510001), retrieved from FRED.