All Employees: Wholesale Trade in Oregon
Annual
SMU41000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
78.20
Year-over-Year Change
15.34%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual Trend measures the year-over-year change in total employment for the United States. It is a key economic indicator used by policymakers and analysts to assess the strength of the labor market.
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 Trend tracks the percentage change in total nonfarm employment in the U.S. compared to the same month a year earlier. It provides a high-level overview of long-term employment growth and is widely monitored as a barometer of economic health and labor market conditions.
Methodology
The data is collected through a monthly survey of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual Trend is closely watched by the Federal Reserve, government economists, and private sector analysts to inform economic and monetary policy decisions.
Key Facts
- The U.S. economy added over 6 million jobs in 2022.
- Annual employment growth averaged 3.3% in 2022.
- Service-providing sectors led job gains in 2022.
FAQs
Q: What does this economic trend measure?
A: The Annual Trend measures the year-over-year percentage change in total nonfarm employment in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual Trend is a key barometer of the health of the U.S. labor market and broader economic conditions. It is closely monitored by policymakers, economists, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual Trend is used by the Federal Reserve and other policymakers to assess the strength of the labor market and inform decisions on monetary policy and other economic interventions.
Q: Are there update delays or limitations?
A: The Annual Trend data is released monthly with a short lag, typically within a few weeks of the reference period.
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Citation
U.S. Federal Reserve, Annual (SMU41000004100000001A), retrieved from FRED.