All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Delaware
SMU10000004244100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.80
Year-over-Year Change
6.25%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the motor vehicle and parts dealers industry in Delaware. It is a key indicator of consumer demand and business activity in the state's automotive 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 All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Delaware indicator tracks the total number of people employed by motor vehicle and parts dealers, a critical part of the state's retail trade industry. This data is used by economists and policymakers to assess the health and outlook of Delaware's automotive market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in motor vehicle employment can provide insights into consumer spending patterns and the broader economic conditions in Delaware.
Key Facts
- Delaware has over 15,000 motor vehicle and parts dealer employees.
- Motor vehicle sales account for over 20% of Delaware's retail trade industry.
- Employment in this sector has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the motor vehicle and parts dealers industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: Trends in motor vehicle employment provide insights into consumer spending, business activity, and the overall health of Delaware's automotive market.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this data to assess consumer demand, business investment, and broader economic conditions in Delaware.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Delaware (SMU10000004244100001), retrieved from FRED.