All Employees: Wholesale Trade in Virginia
Annual
SMU51000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.10
Year-over-Year Change
2.79%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the total annual employment in the United States. This key economic indicator provides insight into overall labor market conditions and is closely monitored by policymakers.
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 represents the total number of jobs in the U.S. over a 12-month period. It is a comprehensive measure of labor market health and a leading indicator of economic performance.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual trend is a vital input for economic analysis and policy decisions.
Key Facts
- The Annual trend reached a record high of 155 million jobs in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- The Annual trend is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of jobs in the United States over a 12-month period, providing a comprehensive view of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a crucial indicator of overall economic performance and health of the labor market, making it essential for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data for the Annual trend is collected through monthly surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual trend is a key input for the Federal Reserve's monetary policy decisions, as it provides insights into the overall strength of the labor market and the broader economy.
Q: Are there update delays or limitations?
A: The Annual trend data is published with a short delay, typically a few weeks after the end of the calendar year, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual (SMU51000004100000001A), retrieved from FRED.