All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Maryland
SMU24000004142400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.60
Year-over-Year Change
0.32%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the wholesale trade sector for nondurable goods merchants in the state of Maryland. It is an important indicator of economic activity and labor market conditions in this industry.
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, Nondurable Goods in Maryland metric tracks the total employment in the wholesale trade industry for merchants selling nondurable goods like food, apparel, and petroleum products within the state. This data series is used by economists and policymakers to gauge the health and trends of the wholesale trade sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for analyzing the strength of Maryland's wholesale trade market and its role in the broader state economy.
Key Facts
- Maryland's wholesale trade sector employs over 92,000 workers.
- Nondurable goods make up over 60% of Maryland's wholesale trade activity.
- Wholesale trade contributes over $20 billion annually to Maryland's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade sector for merchants selling nondurable goods like food, apparel, and petroleum products within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is an important indicator of the health and activity in Maryland's wholesale trade industry, which is a significant contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this wholesale trade employment data to assess the strength of Maryland's commercial sector and make informed decisions about economic development, taxation, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, providing timely insights into the wholesale trade industry's employment trends.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Maryland (SMU24000004142400001), retrieved from FRED.