All Employees: Wholesale Trade in Arkansas
SMU05000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53.50
Year-over-Year Change
14.07%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Wholesale Trade in Arkansas' series measures the total number of employees in the wholesale trade industry within the state of Arkansas. This metric is important for economists and policymakers to monitor the health and trends of the state's wholesale 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 wholesale trade industry is a key component of Arkansas' economy, facilitating the distribution of goods between producers and retailers. This employment series provides insight into the scale and direction of the state's wholesale activities, which can signal broader economic conditions.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking employment in wholesale trade helps inform decisions around infrastructure, logistics, and business regulations.
Key Facts
- Arkansas has over 40,000 wholesale trade employees.
- Wholesale trade accounts for 6% of Arkansas' total nonfarm employment.
- Wholesale employment in Arkansas has grown 3.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Wholesale Trade in Arkansas' series measures the total number of people employed in the wholesale trade industry within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and direction of wholesale trade activity in Arkansas, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Tracking employment in wholesale trade helps inform decisions around infrastructure, logistics, and business regulations in Arkansas.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Arkansas (SMU05000004100000001A), retrieved from FRED.