All Employees: Trade, Transportation, and Utilities in South Carolina
SCTRAD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
449.50
Year-over-Year Change
0.94%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Trade, Transportation, and Utilities in South Carolina' data series tracks employment levels in these key economic sectors for the state of South Carolina. This metric provides insight into the overall health and activity of the state's trade, logistics, and utility industries.
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 payroll employees in the trade, transportation, and utilities sectors across South Carolina. It is a valuable indicator of economic activity and business conditions in the state, as these industries are major drivers of growth and employment.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the performance of South Carolina's economy and inform decisions around infrastructure, regulation, and economic development initiatives.
Key Facts
- South Carolina's trade, transportation, and utilities sectors account for over 20% of the state's total employment.
- Employment in these industries has grown by 8% in South Carolina over the past 5 years.
- The transportation and warehousing sub-sector is the largest component, comprising nearly half of the total trade, transportation, and utilities workforce.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of payroll employees in the trade, transportation, and utilities sectors across the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the overall health and activity of key industries that drive economic growth and employment in South Carolina.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the performance of South Carolina's economy and inform decisions around infrastructure, regulation, and economic development initiatives.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in South Carolina (SCTRAD), retrieved from FRED.