Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States
IPUGN425W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
501.00
Year-over-Year Change
-8.98%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator tracks employment levels in the wholesale electronic markets and agents and brokers sector of the U.S. economy. It provides insight into a key component of the wholesale trade industry.
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: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) indicator measures the number of people employed in this subsector of the wholesale trade industry. It offers analysts and policymakers visibility into workforce trends within this specialized, technology-enabled segment of the economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This indicator is used to assess the health and trajectory of the wholesale electronic markets and agents and brokers industry, which has important implications for the broader economy.
Key Facts
- The wholesale electronic markets and agents and brokers sector employs over 420,000 people in the U.S.
- Employment in this sector has grown by 8% over the past 5 years.
- The sector accounts for approximately 10% of total U.S. wholesale trade employment.
FAQs
Q: What does this economic trend measure?
A: This indicator measures employment levels in the wholesale electronic markets and agents and brokers sector, which includes companies that facilitate wholesale trade transactions through electronic channels.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of a key component of the wholesale trade industry, which has significant implications for the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the performance and trajectory of the wholesale electronic markets and agents and brokers industry, which can inform decisions around economic policy, investment, and regulatory measures.
Q: Are there update delays or limitations?
A: This data is released monthly by the U.S. Federal Reserve, with a typical lag of 1-2 months.
Related Trends
Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251W010000000
Hourly Compensation for Wholesale Trade: Metal and Mineral (Except Petroleum) Merchant Wholesalers (NAICS 4235) in the United States
IPUGN4235U121000000
Sectoral Output Price Deflator for Wholesale Trade: Drugs and Druggists' Sundries Merchant Wholesalers (NAICS 42421) in the United States
IPUGN42421T050000000
Labor Productivity for Wholesale Trade: Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS 4249) in the United States
IPUGN4249L000000000
Sectoral Output for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 4251) in the United States
IPUGN4251T300000000
Labor Compensation for Wholesale Trade: Paper and Paper Product Merchant Wholesalers (NAICS 4241) in the United States
IPUGN4241L020000000
Citation
U.S. Federal Reserve, Employment for Wholesale Trade: Wholesale Electronic Markets and Agents and Brokers (NAICS 425) in the United States (IPUGN425W200000000), retrieved from FRED.