Employment for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States

IPUGN4249W010000000 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

98.33

Year-over-Year Change

-4.93%

Date Range

1/1/1987 - 1/1/2024

Summary

This economic trend measures employment levels in the wholesale trade industry for miscellaneous nondurable goods merchant wholesalers in the United States. Understanding this metric is crucial for analyzing the overall health and dynamics of the wholesale trade 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: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States series tracks the number of workers employed in this specific subsector of the wholesale trade industry. This data provides insights into the labor market and economic activity within the distribution and logistics components of the nondurable goods supply chain.

Methodology

The data is collected and calculated by the U.S. Bureau of Labor Statistics through establishment surveys.

Historical Context

This employment trend is widely used by economists, policymakers, and industry analysts to assess the performance and outlook of the wholesale trade sector and its role in the broader economy.

Key Facts

  • The wholesale trade industry is a key component of the U.S. economy.
  • Miscellaneous nondurable goods include a diverse range of products.
  • Employment in this sector can signal broader economic trends.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of employees working in the wholesale trade industry for the miscellaneous nondurable goods merchant wholesalers (NAICS 4249) subsector in the United States.

Q: Why is this trend relevant for users or analysts?

A: This employment trend provides insights into the labor market and economic activity within the distribution and logistics components of the nondurable goods supply chain, which is crucial for understanding the overall health and dynamics of the wholesale trade sector.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through establishment surveys.

Q: How is this trend used in economic policy?

A: This employment trend is widely used by economists, policymakers, and industry analysts to assess the performance and outlook of the wholesale trade sector and its role in the broader economy.

Q: Are there update delays or limitations?

A: The data is subject to the publication schedule and any potential delays inherent in the data collection process by the U.S. Bureau of Labor Statistics.

Related Trends

Citation

U.S. Federal Reserve, Employment for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States (IPUGN4249W010000000), retrieved from FRED.