All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Massachusetts
Annual, Not Seasonally Adjusted
SMU25000004244400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.80
Year-over-Year Change
7.63%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the Las Vegas-Henderson-Paradise, NV Metropolitan Statistical Area. It provides insights into local labor market conditions and economic activity.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of jobs in the Las Vegas-Henderson-Paradise, NV metro area on an annual basis, without adjusting for typical seasonal fluctuations. This data point is useful for analyzing long-term employment trends and the overall health of the local economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and businesses use this metric to understand regional economic performance and make informed decisions.
Key Facts
- Las Vegas-Henderson-Paradise, NV is the most populous metropolitan area in Nevada.
- Employment in the Las Vegas metro area has grown steadily since the Great Recession.
- The region's economy is heavily reliant on the tourism and hospitality industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the Las Vegas-Henderson-Paradise, NV Metropolitan Statistical Area on an annual basis, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the overall health and performance of the Las Vegas regional economy, which is crucial for policymakers, businesses, and individuals making decisions.
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: Policymakers and businesses use this metric to understand regional economic conditions and make informed decisions about investments, regulations, and workforce planning.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, and the not seasonally adjusted format may limit comparisons to other employment metrics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU25000004244400001A), retrieved from FRED.