All Employees: Retail Trade: Food and Beverage Retailers in Illinois
SMU17000004244500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.10
Year-over-Year Change
-2.52%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the retail trade sector for food and beverage retailers in the state of Illinois. It provides important insights into the labor force and economic activity in this key consumer-facing industry.
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 Retailers in Illinois series tracks the total employment levels at retail establishments that primarily sell food and beverages, such as grocery stores, convenience stores, and liquor stores, within the state of Illinois. This metric is widely used by economists and policymakers to monitor the health and trends of the retail trade industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in food and beverage retail employment are closely watched as an indicator of consumer spending and economic conditions.
Key Facts
- Illinois has over 100,000 food and beverage retail employees.
- Retail trade accounts for approximately 10% of total employment in Illinois.
- Food and beverage retailers represent a significant portion of the Illinois retail sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the retail trade sector specifically for food and beverage retailers located in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: Trends in food and beverage retail employment provide important insights into consumer spending patterns and the overall health of the Illinois 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 economists closely monitor food and beverage retail employment as an indicator of consumer demand and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Illinois (SMU17000004244500001), retrieved from FRED.