All Employees: Retail Trade: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers in Maryland
SMU24000004245800001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.10
Year-over-Year Change
-1.55%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the retail trade industry for clothing, clothing accessories, shoe, and jewelry retailers in the state of Maryland. It provides important insights into the performance and trends in this key 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: Retail Trade: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers in Maryland series tracks the number of people employed in these retail sub-sectors across the state. It is a valuable indicator of consumer spending patterns and the overall health of Maryland's retail industry.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to gauge the strength of Maryland's consumer-driven economy.
Key Facts
- Maryland's clothing and accessories retail sector employed over 50,000 workers as of the latest data.
- Retail trade accounts for approximately 10% of total nonfarm employment in Maryland.
- Clothing and accessories retail jobs have shown steady growth in Maryland over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade industry for clothing, clothing accessories, shoe, and jewelry stores across the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength of consumer spending and the performance of Maryland's retail sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to gauge the health of Maryland's consumer-driven economy and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Clothing, Clothing Accessories, Shoe, and Jewelry Retailers in Maryland (SMU24000004245800001), retrieved from FRED.