All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Massachusetts
SMU25000004142300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.10
Year-over-Year Change
-1.20%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry for durable goods in Massachusetts. It provides insights into the strength and performance of this key sector of the state's economy.
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, Durable Goods in Massachusetts indicator tracks employment levels in the wholesale trade of durable goods, which includes a wide range of products such as machinery, equipment, and other hard goods. This data offers a valuable barometer of economic activity and can inform policy decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Massachusetts' wholesale trade industry and its broader economic implications.
Key Facts
- Massachusetts is a major hub for wholesale trade in the Northeast.
- Durable goods account for a significant portion of the state's wholesale industry.
- Employment levels in this sector can signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade industry for durable goods in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and performance of a key sector of the Massachusetts economy, which can inform economic policymaking and business decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of Massachusetts' wholesale trade industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and methodological limitations of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Massachusetts (SMU25000004142300001), retrieved from FRED.