All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Indiana
SMU18000004142300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.70
Year-over-Year Change
25.28%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the wholesale trade sector for durable goods merchants in the state of Indiana. It provides insight into the health and activity of this key part of 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, Durable Goods in Indiana data series tracks the total employment levels in this industry segment over time. It is used by economists and policymakers to assess economic conditions and trends in Indiana's wholesale trade sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend offers insights that inform economic policy and business decision-making.
Key Facts
- Indiana is a major hub for durable goods wholesaling.
- Wholesale trade is a key part of the state's economy.
- Employment trends in this sector signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade sector for durable goods merchants located in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the health and activity of Indiana's wholesale trade industry, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this employment data to assess economic conditions and inform decision-making related to Indiana's wholesale trade sector.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and potential limitations of the U.S. Bureau of Labor Statistics' survey-based collection process.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Indiana (SMU18000004142300001A), retrieved from FRED.