All Employees: Retail Trade: Food and Beverage Stores in Indiana
SMU18000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.30
Year-over-Year Change
-8.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the retail trade industry for food and beverage stores in the state of Indiana. It provides insights into the labor market and consumer demand in this critical 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: Retail Trade: Food and Beverage Stores in Indiana metric tracks the employment levels in the retail food and beverage industry within the state. This data is used by economists and policymakers to gauge consumer spending, industry performance, and economic conditions.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the strength of consumer demand and the overall health of Indiana's retail economy.
Key Facts
- Indiana has over 30,000 food and beverage retail employees.
- Retail trade accounts for nearly 12% of Indiana's total employment.
- Food and beverage stores make up approximately 25% of Indiana's retail workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail food and beverage store industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into consumer demand, industry performance, and the overall health of Indiana's retail economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to assess consumer spending patterns and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Indiana (SMU18000004244500001A), retrieved from FRED.