All Employees: Retail Trade: Food and Beverage Stores in Hawaii
SMU15000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
13.67%
Date Range
1/1/1990 - 1/1/2024
Summary
This metric tracks the total number of employees in the retail food and beverage store industry in Hawaii. It provides insights into consumer demand and economic activity in this important 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: Food and Beverage Stores in Hawaii series measures the total employment in food and beverage retail stores located in the state of Hawaii. This data point is a key indicator of consumer spending patterns and the overall health of the local economy.
Methodology
The data is collected through surveys of businesses and establishments in Hawaii's retail trade sector.
Historical Context
Policymakers and analysts use this metric to gauge the strength of Hawaii's consumer-driven economy and make informed decisions.
Key Facts
- Hawaii's food and beverage retail sector employs over 24,000 workers.
- Employment in this industry has grown by 7% over the past 5 years.
- Food and beverage stores account for nearly 20% of Hawaii's total retail trade employment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees working in food and beverage retail stores located in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into consumer demand and the overall health of Hawaii's consumer-driven economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Hawaii's retail trade sector.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the strength of Hawaii's consumer economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, providing timely insights into this sector.
Related Trends
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Number of Civilians Unemployed for 15 Weeks or Longer for Hawaii
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Average Hourly Earnings of Production Employees: Wholesale Trade in Hawaii
SMU15000004100000008
Gross Domestic Product: Insurance Carriers and Related Activities (524) in Hawaii
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Chain-Type Quantity Index for Real GDP: Food Services and Drinking Places (722) in Hawaii
HIFOODDPQGSP
High-Propensity Business Applications: Total for All NAICS in Hawaii
BAHBATOTALSAHI
Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Hawaii (SMU15000004244500001A), retrieved from FRED.