All Employees: Couriers and Messengers in Pennsylvania
SMU42000004349200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.00
Year-over-Year Change
82.98%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the courier and messenger industry in Pennsylvania. It provides insights into the strength and dynamics of this important logistics sector within the state's economy.
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: Couriers and Messengers in Pennsylvania metric tracks the total employment levels in businesses that provide courier and messenger services, such as local delivery, long-distance delivery, and contract parcel delivery. This data is a key indicator of economic activity and demand for logistics services in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, logistics companies, and economic analysts to assess Pennsylvania's transportation and distribution infrastructure.
Key Facts
- Pennsylvania has over 33,000 courier and messenger employees.
- Employment in this sector has grown by 12% over the past 5 years.
- Couriers and messengers make up approximately 1.2% of Pennsylvania's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the courier and messenger industry within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the strength and growth of the logistics and transportation sector in Pennsylvania, which is an important driver of economic activity and infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, logistics companies, and economic analysts closely monitor this employment trend to assess Pennsylvania's transportation and distribution infrastructure, as well as overall economic conditions.
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 very latest employment levels in this sector.
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Citation
U.S. Federal Reserve, All Employees: Couriers and Messengers in Pennsylvania (SMU42000004349200001A), retrieved from FRED.