All Employees: Retail Trade: Food and Beverage Stores in Delaware
SMU10000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.80
Year-over-Year Change
17.39%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the food and beverage retail sector in the state of Delaware. It provides insights into the health and activity of this important industry within the state'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 'All Employees: Retail Trade: Food and Beverage Stores in Delaware' series measures the total number of workers employed in food and beverage retail establishments located in Delaware. This data is used by economists and policymakers to analyze employment trends and economic conditions in the state's retail trade sector.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding consumer spending patterns, business operations, and employment in Delaware's retail industry.
Key Facts
- Delaware has over 15,000 retail trade employees.
- Food and beverage stores account for 25% of Delaware's retail workforce.
- Employment in this sector has grown by 3% over the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in food and beverage retail establishments located in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and activity of Delaware's retail trade sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze employment trends and consumer spending patterns in Delaware's retail industry, which can inform economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of approximately one month, so there may be a short delay in accessing the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Delaware (SMU10000004244500001A), retrieved from FRED.