All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Maryland
SMU24000004142400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.40
Year-over-Year Change
0.35%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade sector, specifically focused on merchant wholesalers of nondurable goods in the state of Maryland. It provides insights into the labor market and economic activity within this key 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 trend tracks the monthly employment levels in this subsector of the wholesale trade industry. It is a key indicator of economic health and can inform policy decisions related to industry support, workforce development, and trade dynamics.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to monitor the performance and labor market conditions in Maryland's wholesale trade sector.
Key Facts
- Maryland's wholesale trade sector employs over 80,000 workers.
- Nondurable goods account for approximately 60% of wholesale trade employment in the state.
- The wholesale trade industry is a significant contributor to Maryland's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade sector, specifically focused on merchant wholesalers of nondurable goods in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the labor market and economic activity within the wholesale trade industry in Maryland, which is a key sector for 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: This trend is widely used by economists, policymakers, and industry analysts to monitor the performance and labor market conditions in Maryland's wholesale trade sector, which can inform policy decisions related to industry support, workforce development, and trade dynamics.
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, Nondurable Goods in Maryland (SMU24000004142400001SA), retrieved from FRED.