All Employees: Retail Trade: Gasoline Stations and Fuel Dealers in Maryland
SMU24000004245700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.20
Year-over-Year Change
2.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the retail trade sector, specifically focused on gasoline stations and fuel dealers, within the state of Maryland. It provides valuable insights into the labor market and economic activity in 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: Retail Trade: Gasoline Stations and Fuel Dealers in Maryland series tracks the employment levels in this specialized retail trade segment. It is an important indicator of consumer demand, business investment, and broader economic conditions within the state.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to gauge the health of the Maryland economy and make informed decisions.
Key Facts
- Maryland is a major hub for gasoline and fuel distribution on the East Coast.
- Retail trade accounts for over 10% of Maryland's total employment.
- Employment in this sector is closely tied to consumer spending and transportation demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade sector, specifically at gasoline stations and fuel dealers, within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health of Maryland's economy, consumer spending patterns, and the energy/transportation industry within the state.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to gauge the state of the Maryland economy and make informed decisions about economic policy, investment, and resource allocation.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of about one month between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Gasoline Stations and Fuel Dealers in Maryland (SMU24000004245700001), retrieved from FRED.