All Employees: Couriers and Messengers in Illinois
SMU17000004349200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.30
Year-over-Year Change
75.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the couriers and messengers industry in Illinois. It is an important indicator of economic activity and consumer demand in the transportation and logistics 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: Couriers and Messengers in Illinois series tracks the total employment in the courier and messenger services industry within the state of Illinois. This data provides insight into the scale and trends of the logistics and delivery workforce, which is a key component of the broader economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts use this trend to assess the strength of the transportation and logistics industries.
Key Facts
- Illinois is a major transportation and logistics hub in the Midwest.
- Courier and messenger services are a growing part of the economy due to e-commerce.
- Employment in this sector can signal shifts in consumer spending and business activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the couriers and messengers industry within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of the logistics and transportation sector, which is a key component of the broader economy. It can signal changes in consumer demand and business activity.
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 market analysts use this data to assess the health of the transportation and logistics industries, which are vital to the overall economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Couriers and Messengers in Illinois (SMU17000004349200001A), retrieved from FRED.