All Employees: Air Transportation in Washington
This dataset tracks all employees: air transportation in washington over time.
Latest Value
18.40
Year-over-Year Change
67.27%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator tracks the total number of employees in the air transportation industry in the state of Washington. It provides insights into the health and activity of this critical sector of the regional 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: Air Transportation in Washington metric measures the total employment in the air transportation industry across the state. This data is used by economists and policymakers to assess economic conditions, industry performance, and labor market trends in the aviation sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by aviation companies, industry analysts, and state economic development agencies.
Key Facts
- Washington is a major hub for the U.S. aviation industry.
- Air transportation is a significant driver of the state's economy.
- Employment in this sector has fluctuated with changes in air travel demand.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the air transportation industry across the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and performance of a critical sector of the state's economy, which is closely watched by industry stakeholders and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by state economic development agencies, industry analysts, and aviation companies to assess market conditions and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Air Transportation in Washington (SMU53000004348100001A), retrieved from FRED.