All Employees: Transportation and Warehousing in Indiana
SMU18000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.50
Year-over-Year Change
45.04%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Transportation and Warehousing in Indiana' series measures the total employment in the transportation and warehousing industry in the state of Indiana. This data provides insights into the economic health and labor market trends within this key sector.
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 number of employees across all transportation and warehousing businesses in Indiana, including industries like trucking, rail, air transportation, and warehousing/storage. It serves as an important economic indicator for policymakers, analysts, and businesses tracking the performance of this critical supply chain-related industry.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used to assess the strength of Indiana's logistics and distribution infrastructure, which is vital for the state's manufacturing and agricultural economies.
Key Facts
- Indiana's transportation and warehousing sector employs over 160,000 workers.
- This industry accounts for nearly 6% of total nonfarm employment in the state.
- Employment in this sector has grown by over 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employees in the transportation and warehousing industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and performance of Indiana's critical logistics and supply chain infrastructure, which is vital for the state's broader economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies closely monitor this employment trend to assess the health of Indiana's transportation and distribution sectors, which inform infrastructure investments and business attraction strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a slight lag, typically 4-6 weeks after the end of each reference period.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in Indiana (SMU18000004340008901A), retrieved from FRED.