Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Delaware
SMU10000004000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.00
Year-over-Year Change
0.31%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Delaware measures the average number of hours worked per week by employees in this sector within 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
This data series provides insight into labor market conditions and productivity trends in Delaware's trade, transportation, and utilities industries. It is used by economists and policymakers to analyze employment, output, and economic activity.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform decisions around infrastructure investment, workforce development, and economic policies.
Key Facts
- Delaware is a major logistics hub on the East Coast.
- The trade, transportation, and utilities sector accounts for over 20% of Delaware's GDP.
- Average weekly hours in this sector have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the average number of hours worked per week by employees in the trade, transportation, and utilities sector within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market conditions and productivity trends in key industries, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This information helps inform decisions around infrastructure investment, workforce development, and other economic policies affecting the trade, transportation, and utilities sector in Delaware.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a slight delay in the most recent information becoming available.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Delaware (SMU10000004000000002), retrieved from FRED.