All Employees: Truck Transportation in Wisconsin
SMU55000004348400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.30
Year-over-Year Change
-0.24%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Truck Transportation in Wisconsin' trend measures the total number of employees in the truck transportation industry within the state of Wisconsin. This metric is a key indicator of economic activity and the health of the logistics and distribution 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
This series tracks the total employment levels for companies engaged in providing over-the-road transportation of cargo using motor vehicles, such as trucks and tractor-trailers. It is a valuable statistic for analyzing the strength of Wisconsin's transportation and logistics infrastructure.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in truck transportation employment are closely monitored by policymakers, industry analysts, and logistics companies to gauge the flow of goods and commercial activity within the state.
Key Facts
- Wisconsin is a major hub for trucking and logistics in the Midwest.
- Truck transportation supports over 80,000 jobs in the state.
- The industry has seen steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the truck transportation industry within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Trends in truck transportation employment are a key indicator of economic activity and the strength of Wisconsin's logistics and distribution sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and logistics companies closely monitor trends in truck transportation employment to gauge the flow of goods and commercial activity within Wisconsin.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Truck Transportation in Wisconsin (SMU55000004348400001A), retrieved from FRED.