All Employees: General Freight Trucking in Indiana
SMU18000004348410001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.90
Year-over-Year Change
3.10%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: General Freight Trucking in Indiana' series measures the total number of individuals employed in the general freight trucking industry within the state of Indiana. This trend provides valuable insights into the strength and dynamics of Indiana's logistics and transportation 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
This economic indicator tracks employment levels in the general freight trucking industry, which is a critical component of Indiana's broader transportation and logistics infrastructure. The data can be used to analyze trends in commercial activity, supply chain efficiency, and economic conditions within the state.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts closely monitor this trend to gauge the health of Indiana's freight transportation and logistics sectors.
Key Facts
- Indiana's general freight trucking industry employs over 30,000 workers.
- Trucking is a vital component of Indiana's $600 billion logistics industry.
- Employment in this sector has grown by 5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the general freight trucking industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and dynamics of Indiana's logistics and transportation sector, which is a critical component of the state's 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 industry analysts closely monitor this trend to gauge the health of Indiana's freight transportation and logistics sectors, which informs economic development strategies and infrastructure investments.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 2-3 month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: General Freight Trucking in Indiana (SMU18000004348410001A), retrieved from FRED.