All Employees: Truck Transportation in Connecticut
SMU09000004348400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.90
Year-over-Year Change
21.54%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the truck transportation industry within the state of Connecticut. It serves as an important indicator of economic activity and logistics 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
The All Employees: Truck Transportation in Connecticut data series tracks the total nonfarm employment levels in the truck transportation sector of Connecticut's economy. This metric is used by economists and policymakers to monitor the health and growth of the logistics and transportation industries in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding supply chain dynamics, infrastructure investment, and regional economic conditions.
Key Facts
- Connecticut is a major logistics hub on the U.S. East Coast.
- Truck transportation accounts for over 50,000 jobs in the state.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the truck transportation industry within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of the logistics and supply chain sectors in Connecticut, which are crucial for the regional economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments 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 monitor transportation infrastructure needs, supply chain dynamics, and regional economic conditions.
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.
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Citation
U.S. Federal Reserve, All Employees: Truck Transportation in Connecticut (SMU09000004348400001A), retrieved from FRED.