All Employees: Retail Trade: Furniture, Home Furnishings, Electronics, and Appliance Retailers in Ohio
SMU39000004244900001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.30
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the total number of employees in the retail trade sector for furniture, home furnishings, electronics, and appliance retailers in the state of Ohio. It provides insight into the labor market and consumer demand in this key retail segment.
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: Retail Trade: Furniture, Home Furnishings, Electronics, and Appliance Retailers in Ohio data series measures the total nonfarm payroll employment for this specific retail subsector within the state. It is a key indicator of economic activity and consumer spending patterns in this industry.
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 analysts use this data to assess the health of the retail sector and make informed decisions about economic policy.
Key Facts
- Ohio's furniture and home furnishings retail sector employs over 40,000 workers.
- This retail subsector accounts for 10% of total retail trade employment in Ohio.
- Employment in this industry has grown by 5% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of nonfarm payroll employees in the retail trade sector for furniture, home furnishings, electronics, and appliance stores located in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and consumer demand within a key segment of Ohio's retail industry, which is an important driver of the state's economy.
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 analysts use this data to assess the state of the retail sector and make informed decisions about economic policy, particularly regarding consumer spending and employment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Furniture, Home Furnishings, Electronics, and Appliance Retailers in Ohio (SMU39000004244900001), retrieved from FRED.