All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland
SMU24000004142300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.48
Year-over-Year Change
-3.54%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures total employment in the wholesale trade industry for durable goods merchants in the state of Maryland. It provides insights into the strength and dynamics of this important economic 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: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland series tracks the number of people employed in the durable goods wholesale trade industry across the state. This data is used by economists and policymakers to monitor business activity, assess workforce trends, and inform economic policy decisions.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade plays a crucial role in the broader economy, facilitating the distribution of goods between producers and retailers.
Key Facts
- Maryland's durable goods wholesale trade employs over 34,000 people.
- Wholesale trade accounts for around 5% of Maryland's total nonfarm employment.
- Employment in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the wholesale trade industry for durable goods merchants located in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and dynamics of the durable goods wholesale trade sector, which is an important part of Maryland's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to monitor business activity, assess workforce trends, and inform economic policy decisions related to the wholesale trade industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland (SMU24000004142300001SA), retrieved from FRED.