Monthly, Not Seasonally Adjusted
SMU31000004244700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.50
Year-over-Year Change
0.96%
Date Range
1/1/1990 - 12/1/2022
Summary
This economic trend measures the monthly, not seasonally adjusted employment level in the Houston-The Woodlands-Sugar Land, TX metropolitan area. It is a key indicator of 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 Monthly, Not Seasonally Adjusted employment level tracks the total number of jobs in the Houston metropolitan area on a monthly basis, without adjustments for typical seasonal patterns. This provides a raw, unmodified view of employment changes over time, which can be useful for analyzing local economic trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely referenced by regional economists, policymakers, and businesses to understand the Houston area's economic performance.
Key Facts
- Houston is the fourth-largest city in the United States.
- The Houston metro area has a population of over 7 million people.
- The energy industry is a major driver of the Houston economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly, not seasonally adjusted employment level in the Houston-The Woodlands-Sugar Land, TX metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This trend provides a raw, unmodified view of employment changes in the Houston region, which is useful for analyzing local economic conditions and trends.
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: This employment trend is widely referenced by regional economists, policymakers, and businesses to understand the Houston area's economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly, with typical release delays of a few weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU31000004244700001), retrieved from FRED.