All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Delaware
Annual
SMU10000004244100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.60
Year-over-Year Change
1.54%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual change in employment for the total nonfarm sector in the United States. This metric is a key indicator of the overall health and direction of the U.S. economy.
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 Annual trend tracks the year-over-year percentage change in total nonfarm employment, which includes all jobs except those in the farming sector. It is a widely followed economic indicator that provides insight into broader labor market and economic conditions.
Methodology
The data is collected through monthly surveys of a representative sample of U.S. businesses.
Historical Context
Policymakers and analysts use the Annual trend to assess the strength of the economy and guide decisions on interest rates, stimulus, and other policies.
Key Facts
- The Annual trend reached a peak of 3.7% in 2015.
- Employment declined sharply during the 2008-2009 recession.
- The trend has returned to pre-pandemic levels as the economy has recovered.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the year-over-year percentage change in total nonfarm employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key indicator of the overall health of the U.S. labor market and economy, providing insight into employment conditions and economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of a representative sample of U.S. businesses.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the Annual trend to assess the strength of the economy and guide decisions on interest rates, stimulus, and other policies.
Q: Are there update delays or limitations?
A: The Annual trend data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual (SMU10000004244100001A), retrieved from FRED.