All Employees: Wholesale Trade: Wholesale Trade Agents and Brokers in Maryland
SMU24000004142500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-2.65%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade agent and broker industry in Maryland. It provides insight into the overall health and activity of the wholesale trade sector in the state.
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: Wholesale Trade Agents and Brokers in Maryland indicator tracks the employment levels of businesses that act as intermediaries between buyers and sellers in wholesale transactions. This data is used by economists and policymakers to analyze trends in the state's wholesale trade industry.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the broader economic conditions and trade dynamics within Maryland.
Key Facts
- Maryland has over 15,000 wholesale trade agents and brokers.
- Wholesale trade accounts for nearly 5% of Maryland's total employment.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade agent and broker industry within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the overall health and activity of the wholesale trade sector in Maryland, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 metric to analyze trends in Maryland's wholesale trade industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Wholesale Trade Agents and Brokers in Maryland (SMU24000004142500001), retrieved from FRED.