All Employees: Retail Trade: Grocery Stores in Hawaii
SMU15000004244510001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
15.57%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Retail Trade: Grocery Stores in Hawaii' trend measures the total number of people employed in grocery stores across the state of Hawaii. This metric is important for economists and policymakers to gauge the health and activity of the local retail and food sectors.
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 economic indicator tracks the employment levels in Hawaii's grocery store industry, which is a key component of the state's retail trade sector. The data is used to analyze trends in consumer demand, labor market conditions, and the overall strength of the local economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to understand the pulse of Hawaii's consumer economy and make informed decisions.
Key Facts
- Hawaii has over 1,000 grocery stores.
- Grocery stores account for 25% of Hawaii's retail trade jobs.
- Grocery store employment has grown 3% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in grocery stores across the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the health and activity of Hawaii's local retail and food sectors, which are key components of the state's consumer economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge consumer demand and make informed decisions about the state's economic policies and programs.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Grocery Stores in Hawaii (SMU15000004244510001A), retrieved from FRED.