Employment for Retail Trade: Shoe Stores (NAICS 4482) in the United States
Thousands of Jobs
IPUHN4482W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
170.20
Year-over-Year Change
-11.22%
Date Range
1/1/1987 - 1/1/2024
Summary
The 'Thousands of Jobs' metric tracks the number of employees in the U.S. manufacturing sector. This key economic indicator provides insights into the health and productivity of the nation's industrial base.
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 'Thousands of Jobs' series measures the total number of employees working in U.S. manufacturing industries. It serves as an important gauge of economic activity, as changes in manufacturing employment can signal broader trends in output, investment, and overall economic conditions.
Methodology
The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor manufacturing employment to assess the impact of factors like trade policy, automation, and business cycles on the industrial sector.
Key Facts
- U.S. manufacturing employs over 12 million workers.
- Manufacturing accounts for nearly 12% of total U.S. GDP.
- The sector has seen significant productivity gains in recent decades.
FAQs
Q: What does this economic trend measure?
A: The 'Thousands of Jobs' metric tracks the total number of employees working in the U.S. manufacturing sector, providing insights into the health and output of the nation's industrial base.
Q: Why is this trend relevant for users or analysts?
A: Changes in manufacturing employment serve as an important indicator of broader economic conditions, as the industrial sector is closely tied to factors like trade, investment, and overall productivity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor manufacturing employment to assess the impact of factors like trade policy, automation, and business cycles on the industrial sector.
Q: Are there update delays or limitations?
A: The 'Thousands of Jobs' data is released monthly with a relatively short delay, providing timely insights into the state of U.S. manufacturing.
Related Trends
Output per Worker for Retail Trade: Motor Vehicle and Parts Dealers (NAICS 441) in the United States
IPUHN441W001000000
Hourly Compensation for Retail Trade: Pet and Pet Supplies Stores (NAICS 453910) in the United States
IPUHN453910U121000000
Hours Worked for Retail Trade: Automotive Parts, Accessories, and Tire Stores (NAICS 4413) in the United States
IPUHN4413L200000000
Sectoral Output Price Deflator for Retail Trade: Beer, Wine, and Liquor Stores (NAICS 445310) in the United States
IPUHN445310T050000000
Employment for Retail Trade: Women's Clothing Stores (NAICS 448120) in the United States
IPUHN448120W200000000
Labor Compensation for Retail Trade: Pet and Pet Supplies Stores (NAICS 453910) in the United States
IPUHN453910U110000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUHN4482W200000000), retrieved from FRED.