Labor Compensation for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States
IPUHN44812L020000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,887.36
Year-over-Year Change
0.09%
Date Range
1/1/1987 - 1/1/2021
Summary
This economic trend measures labor compensation for women's clothing stores in the U.S. retail trade sector. It provides insights into wages and benefits for a key part of the services 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 Labor Compensation for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States indicator tracks the total employee compensation, including wages and benefits, for workers in this retail subsector. It is a useful metric for analyzing labor market dynamics and industry-specific wage trends.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Historical Context
This trend is relevant for policymakers, economists, and industry analysts studying employment and compensation in the retail trade sector.
Key Facts
- Retail trade accounts for over 10% of total U.S. employment.
- Women's clothing stores make up a significant portion of the retail sector.
- Labor compensation trends can indicate economic conditions and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures total labor compensation, including wages and benefits, for employees in women's clothing stores within the U.S. retail trade sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into compensation and labor market dynamics in a key part of the retail industry, which is an important driver of the overall U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to monitor employment and compensation trends in the retail trade sector, which informs economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a typical lag of 1-2 months. There may be limitations in capturing the full scope of compensation, such as bonuses or benefits.
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Citation
U.S. Federal Reserve, Labor Compensation for Retail Trade: Women's Clothing Stores (NAICS 44812) in the United States (IPUHN44812L020000000), retrieved from FRED.