Monthly, Not Seasonally Adjusted
SMU17000004244700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.30
Year-over-Year Change
1.57%
Date Range
1/1/1990 - 12/1/2022
Summary
This trend measures monthly employment levels in the Retail Trade industry for the United States, not seasonally adjusted. It provides insights into the underlying strength and volatility of the retail labor market.
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 Monthly, Not Seasonally Adjusted employment data for the Retail Trade industry offers a granular view of employment dynamics in this key economic sector. It is used by economists and policymakers to analyze labor market trends and inform decision-making.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Retail employment is a leading indicator of consumer spending and broader economic conditions.
Key Facts
- Retail Trade accounts for nearly 11% of total U.S. employment.
- Retail employment is highly sensitive to changes in consumer demand.
- The Retail Trade industry employs over 15 million workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly employment levels in the Retail Trade industry for the United States, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Retail employment is a leading indicator of consumer spending and broader economic conditions, making this trend valuable for economists and policymakers.
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: Retail employment data is used by economists and policymakers to analyze labor market trends and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU17000004244700001), retrieved from FRED.