All Employees: Truck Transportation in Washington
SMU53000004348400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.40
Year-over-Year Change
8.93%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total employment in the truck transportation industry in the state of Washington. It is an important economic indicator for monitoring the health and activity of the logistics and supply chain 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: Truck Transportation in Washington data series tracks the total number of people employed in the truck transportation industry within the state. This metric provides insights into the scale and output of the logistics and freight transportation sectors, which are crucial for the broader state economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Washington's transportation and distribution infrastructure.
Key Facts
- Washington is a major hub for truck transportation.
- Truck transportation is a significant employer in the state.
- This trend can signal changes in consumer demand and supply chain activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the truck transportation industry within the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and activity of the logistics and freight transportation sectors, which are crucial for the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Washington's transportation and distribution infrastructure.
Q: Are there update delays or limitations?
A: The data is subject to the regular publication schedule and potential revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Truck Transportation in Washington (SMU53000004348400001A), retrieved from FRED.