All Employees: Retail Trade: Food and Beverage Retailers in Pennsylvania
SMU42000004244500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.47
Year-over-Year Change
0.03%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the retail trade industry for food and beverage retailers in Pennsylvania. It provides valuable insights into the health and activity of this key economic 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: Food and Beverage Retailers in Pennsylvania series tracks the monthly employment levels in this industry segment within the state. It is a useful indicator of consumer demand, business investment, and broader economic conditions.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by economists, policymakers, and industry analysts to assess the strength of Pennsylvania's retail sector and consumer spending patterns.
Key Facts
- Pennsylvania has over 55,000 food and beverage retail employees.
- Retail trade accounts for 11% of Pennsylvania's total employment.
- Food and beverage retailers saw a 5% decline in employment during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade industry for food and beverage stores located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into consumer demand, business investment, and the overall health of Pennsylvania's retail sector, which is a crucial part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts monitor this employment trend to assess the strength of Pennsylvania's retail industry and consumer spending patterns, which informs economic and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, so the most recent figures may not reflect the latest economic conditions. Additionally, the series only covers the retail trade industry for food and beverage stores in Pennsylvania, not the entire state economy.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Pennsylvania (SMU42000004244500001SA), retrieved from FRED.