All Employees: Transportation and Warehousing in Washington
SMU53000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.00
Year-over-Year Change
62.58%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Transportation and Warehousing in Washington' trend measures employment in the transportation and warehousing industry for the state of Washington. This metric is closely watched by economists and policymakers as an indicator of economic activity and supply chain dynamics.
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
This data series tracks the total number of payroll employees in the transportation and warehousing sector in Washington. It provides insights into the health and growth of this key industry, which plays a crucial role in the state's economy and broader national supply chains.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by analysts, businesses, and policymakers to monitor the strength of Washington's logistics and distribution infrastructure.
Key Facts
- Washington is a major transportation and logistics hub on the West Coast.
- The transportation and warehousing sector accounts for over 200,000 jobs in the state.
- Employment in this industry has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of payroll employees in the transportation and warehousing industry in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth of a key industry that underpins the state's economy and broader national supply chains.
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 trend is closely monitored by analysts, businesses, and policymakers to assess the strength of Washington's logistics and distribution infrastructure.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in Washington (SMU53000004340008901A), retrieved from FRED.