All Employees: Transportation and Utilities: Transportation and Warehousing in Maine
SMU23000004340008901SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.16
Year-over-Year Change
-4.70%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the transportation and warehousing industry in Maine. It provides insights into the labor market and economic activity within 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: Transportation and Utilities: Transportation and Warehousing in Maine trend tracks the monthly employment levels in Maine's transportation and warehousing industry. This data is used by economists and policymakers to monitor the health and trends within this segment of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the dynamics of Maine's transportation and logistics industry, which plays a vital role in the state's overall economic performance.
Key Facts
- Maine's transportation and warehousing industry employs over 30,000 workers.
- This sector has experienced steady growth over the past decade.
- The industry is a major contributor to Maine's economy, accounting for over 5% of statewide employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the transportation and warehousing industry in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of Maine's transportation and logistics 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 the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the state of Maine's transportation and warehousing industry, which informs decisions related to infrastructure investment, workforce development, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Transportation and Warehousing in Maine (SMU23000004340008901SA), retrieved from FRED.