All Employees: Wholesale Trade in Massachusetts
SMU25000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.50
Year-over-Year Change
-0.99%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry in Massachusetts. It provides insight into the state's wholesale sector performance and labor market dynamics.
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 in Massachusetts data series tracks the total number of people employed in the wholesale trade industry across the state. This metric is used by economists and policymakers to assess the health and growth of the wholesale distribution sector, which plays a vital role in the state's broader economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in wholesale trade employment are closely monitored by state economic development agencies and industry associations to inform policy decisions and business strategies.
Key Facts
- Massachusetts is a major hub for wholesale trade in the Northeast U.S.
- Wholesale trade accounts for over 6% of total employment in the state.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the wholesale trade industry across the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: Tracking wholesale trade employment provides insight into the health and growth of this key sector of the Massachusetts economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State economic development agencies and industry associations monitor wholesale trade employment trends to inform policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Massachusetts (SMU25000004100000001), retrieved from FRED.