All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Pennsylvania
SMU42000004244400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.80
Year-over-Year Change
-0.60%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the retail trade of building material and garden equipment and supplies dealers in Pennsylvania. It provides insight into the state's construction and home improvement sector.
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: Building Material and Garden Equipment and Supplies Dealers in Pennsylvania trend tracks the total number of individuals employed in this specific retail industry within the state. It is an important indicator of economic activity and consumer demand related to home construction, renovation, and landscaping projects.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the health of Pennsylvania's housing and construction markets.
Key Facts
- Pennsylvania has over 20,000 building material and garden equipment dealers.
- Retail trade accounts for over 10% of Pennsylvania's total employment.
- The state's construction sector generates more than $30 billion in annual revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade of building material and garden equipment and supplies dealers across the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of Pennsylvania's construction, home improvement, and landscaping sectors, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the strength of Pennsylvania's housing and construction markets, which informs decisions on economic and development policies.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag and may be subject to minor revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Pennsylvania (SMU42000004244400001), retrieved from FRED.