All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Illinois
SMU17000004142400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.40
Year-over-Year Change
-2.62%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry, specifically focused on merchant wholesalers of nondurable goods in the state of Illinois. This data is important for understanding the health and dynamics of the wholesale sector 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: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Illinois metric tracks the employment levels in the wholesale trade industry, which is a key component of the state's economy. This data is used by economists, policymakers, and industry analysts to gauge the strength and trends within the wholesale sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the performance of Illinois' wholesale trade industry and its impact on the broader state economy.
Key Facts
- Illinois is a major hub for wholesale trade in the Midwest.
- Nondurable goods make up a significant portion of the state's wholesale activities.
- Employment in this sector has been relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade industry, specifically focused on merchant wholesalers of nondurable goods within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the health and dynamics of the wholesale trade sector in Illinois, which is a key component of the state's 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: This employment trend is relevant for policymakers, economists, and industry analysts to gauge the performance of Illinois' wholesale trade industry and its impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Illinois (SMU17000004142400001), retrieved from FRED.