All Employees: Couriers and Messengers in Connecticut

SMU09000004349200001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.60

Year-over-Year Change

100.00%

Date Range

1/1/2001 - 1/1/2024

Summary

This economic trend measures the total number of employees in the couriers and messengers industry in the state of Connecticut. It provides insight into the demand for these services and the overall health of the logistics and transportation sector 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

The All Employees: Couriers and Messengers in Connecticut data series tracks the monthly employment levels in this specific industry and geographic area. It is a key indicator of economic activity and can be used to analyze trends in transportation, distribution, and the broader service economy.

Methodology

The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This metric is closely watched by policymakers, logistics companies, and economic analysts to assess Connecticut's commercial environment and infrastructure needs.

Key Facts

  • Connecticut has over 10,000 courier and messenger employees.
  • This industry grew by 5% in the state over the past year.
  • Couriers and messengers account for 0.7% of total employment in Connecticut.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in the couriers and messengers industry in the state of Connecticut.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the demand for delivery and logistics services in Connecticut, which is an important component of the state's broader economic activity and infrastructure needs.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to assess the health of Connecticut's transportation and logistics sector, and to inform decisions around infrastructure investment, economic development, and regulatory policies.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis with a typical 1-2 month delay, and may be subject to periodic revisions by the statistical agency.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Couriers and Messengers in Connecticut (SMU09000004349200001A), retrieved from FRED.