Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Arkansas
SMU05000004000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.40
Year-over-Year Change
1.72%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Arkansas measures the average number of hours worked per week by employees in the trade, transportation, and utilities sector in the state of Arkansas.
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 economic indicator provides insights into the labor market and productivity trends within the trade, transportation, and utilities industries in Arkansas. It is a key metric for analyzing the state's economic activity and can inform policy decisions.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the health and performance of Arkansas's economy.
Key Facts
- The average weekly hours reached a high of 42.3 in January 2022.
- Weekly hours have remained relatively stable since the COVID-19 pandemic began.
- The trade, transportation, and utilities sector accounts for over 20% of Arkansas's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in the trade, transportation, and utilities sector in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and productivity trends within a key sector of Arkansas's economy, which is valuable for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and performance of Arkansas's economy, which can inform policy decisions related to employment, industry, and economic development.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Arkansas (SMU05000004000000002), retrieved from FRED.