All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland
SMU24000004142300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.90
Year-over-Year Change
-3.09%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry for durable goods merchants in the state of Maryland. It provides insight into the strength and size of this key economic 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
The All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland metric tracks the total employment levels in the durable goods wholesale industry across the state. This data is used by economists and policymakers to assess the health and growth of Maryland's wholesale trade economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade employment is an important indicator of broader economic conditions and consumer demand.
Key Facts
- Maryland's durable goods wholesale industry employs over 65,000 workers.
- Wholesale trade accounts for 4.5% of Maryland's total nonfarm employment.
- Employment in this sector has grown by 7.2% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees working in the durable goods wholesale trade industry across the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Wholesale trade employment is an important indicator of broader economic conditions and consumer demand, making this data valuable for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess the health and growth of Maryland's wholesale trade sector, which is a key driver of the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, so the most recent figures may not reflect the latest economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Maryland (SMU24000004142300001), retrieved from FRED.