All Employees: Couriers and Messengers in New Jersey
This dataset tracks all employees: couriers and messengers in new jersey over time.
Latest Value
49.10
Year-over-Year Change
130.52%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Couriers and Messengers in New Jersey' data series tracks the total number of people employed in the courier and messenger industry within the state of New Jersey. This trend is a key indicator of economic activity and consumer demand for delivery services.
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
This series measures the total number of employees in the courier and messenger industry, which includes companies that provide services such as express delivery, package delivery, and message delivery. It is an important economic indicator for analyzing the strength of e-commerce, logistics, and the overall service sector within New Jersey.
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 economists use this trend to assess the health of the transportation and logistics industries, as well as consumer spending patterns in New Jersey.
Key Facts
- New Jersey is the most densely populated state in the U.S.
- The courier and messenger industry is a key part of the state's logistics infrastructure.
- Employment in this sector has grown significantly in recent years due to the rise of e-commerce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the courier and messenger industry within the state of New Jersey.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of economic activity, consumer demand, and the strength of the logistics and transportation sectors in New Jersey.
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 economists use this trend to assess the health of the transportation and logistics industries, as well as consumer spending patterns in New Jersey.
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: Couriers and Messengers in New Jersey (SMU34000004349200001A), retrieved from FRED.