Employment for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States
IPUGN4248W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.48
Year-over-Year Change
25.27%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the U.S. wholesale trade industry for beer, wine, and distilled alcoholic beverage merchant wholesalers. It provides key insights into the labor market and economic activity within this important 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 Employment for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States data series tracks the number of individuals employed in this specific wholesale trade industry. It is a valuable indicator of economic conditions and consumption trends for these alcoholic beverage products.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by industry analysts, policymakers, and economists to assess the overall health of the wholesale alcohol trade market.
Key Facts
- Beer, wine, and distilled alcoholic beverage wholesale accounts for over 100,000 U.S. jobs.
- This industry saw a sharp decline in employment during the 2008-2009 recession.
- Wholesale trade employment levels can signal shifts in consumer demand for these products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the U.S. wholesale trade industry for beer, wine, and distilled alcoholic beverage merchant wholesalers.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the overall economic health and consumer demand within the wholesale alcoholic beverage market.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this employment trend to assess the strength of the wholesale alcohol trade market and its implications for broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Employment for Wholesale Trade: Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers (NAICS 4248) in the United States (IPUGN4248W010000000), retrieved from FRED.