All Employees: Trade, Transportation, and Utilities in Virginia
VATRAD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
680.60
Year-over-Year Change
0.50%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Trade, Transportation, and Utilities in Virginia' metric tracks employment levels in this key economic sector for the state of Virginia. This data provides insights into the strength and trends of Virginia's labor market and broader economic activity.
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 measures the total number of employees across the trade, transportation, and utilities industries in the state of Virginia. It is an important indicator of economic health and business activity, as these sectors encompass a large portion of the state's workforce and economic output.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this metric to assess the performance of Virginia's economy and inform economic and workforce development strategies.
Key Facts
- Virginia is a major hub for trade, transportation, and logistics.
- This sector accounts for over 20% of the state's total employment.
- Employment levels in this sector have shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the trade, transportation, and utilities industries within the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and performance of a key sector of Virginia's economy, informing economic and policy decisions.
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: Policymakers and analysts monitor this metric to assess the overall health of Virginia's economy and inform workforce development and economic strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of one to two months between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in Virginia (VATRAD), retrieved from FRED.