All Employees: Wholesale Trade in Maryland
SMU24000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.30
Year-over-Year Change
-2.38%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry in the state of Maryland. It provides valuable insights into the health and activity of this key sector 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 in Maryland data series tracks the total employment in the wholesale trade industry across the state. This metric is widely used by economists and policymakers to monitor business conditions, labor market trends, and overall economic performance in Maryland.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding Maryland's economic growth, assessing the impacts of policy decisions, and forecasting future business and consumer activity.
Key Facts
- Maryland's wholesale trade industry employs over 100,000 workers.
- Wholesale trade accounts for approximately 5% of Maryland's total employment.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade industry across the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides valuable insights into the health and activity of Maryland's wholesale trade sector, which is a key driver 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 analysts use this trend to monitor business conditions, labor market trends, and overall economic performance in Maryland.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Maryland (SMU24000004100000001), retrieved from FRED.