All Employees: General Freight Trucking in Pennsylvania
SMU42000004348410001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.10
Year-over-Year Change
11.08%
Date Range
1/1/2003 - 1/1/2024
Summary
This trend measures the total number of employees in the general freight trucking industry in Pennsylvania. It provides insight into the state's freight transportation and logistics sectors.
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: General Freight Trucking in Pennsylvania metric tracks the total employment in establishments primarily engaged in providing over-the-road transportation of general freight. This data offers a view into the health and activity of Pennsylvania's freight and logistics industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for analyzing supply chain dynamics, transportation infrastructure needs, and the broader economic conditions in Pennsylvania.
Key Facts
- Pennsylvania is a major hub for freight transportation in the United States.
- The general freight trucking industry is a significant employer in the state.
- Trends in this data can signal changes in the broader logistics and supply chain sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the general freight trucking industry in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and activity of Pennsylvania's freight transportation and logistics sectors, which are important for understanding supply chain dynamics and broader economic conditions in the state.
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: This economic indicator is relevant for analyzing transportation infrastructure needs, supply chain dynamics, and the broader economic conditions in Pennsylvania, which can inform policymaking decisions.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential revisions of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, All Employees: General Freight Trucking in Pennsylvania (SMU42000004348410001A), retrieved from FRED.