All Employees: Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers in Ohio
SMU39000004142380001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.45
Year-over-Year Change
-1.37%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the machinery, equipment, and supplies merchant wholesale industry in Ohio. It provides insight into the strength and growth 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: Machinery, Equipment, and Supplies Merchant Wholesalers in Ohio metric tracks employment levels in a critical industry that supplies machinery, equipment, and other essential goods to businesses across the state. It is a key indicator 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 use this trend to assess the health of Ohio's wholesale trade sector and its influence on the broader state economy.
Key Facts
- Ohio is a major hub for the machinery and equipment wholesale industry.
- This sector employs over 40,000 workers in the state.
- Employment levels have grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the machinery, equipment, and supplies merchant wholesale industry in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of a key sector of Ohio's economy, informing policy decisions and economic analysis.
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 use this trend to assess the health of Ohio's wholesale trade sector and its influence on the broader state economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions.
Related Trends
All Employees: Manufacturing in Ohio
OHMFGN
Real Gross Domestic Product: Warehousing and Storage (493) in Ohio
OHWARESTORRGSP
Retail Trade Earnings in Ohio
OHERET
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OHPIPETRANNGSP
Real Gross Domestic Product: Educational Services (61) in Ohio
OHEDCATRGSP
Labor Force Participation Rate for Ohio
LBSSA39
Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Machinery, Equipment, and Supplies Merchant Wholesalers in Ohio (SMU39000004142380001SA), retrieved from FRED.