Employment for Retail Trade: Sporting Goods Stores (NAICS 451110) in the United States
IPUHN451110W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
319.90
Year-over-Year Change
13.04%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment levels at sporting goods stores in the United States. It provides valuable insights into the health and performance of the retail 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 Retail Trade: Sporting Goods Stores (NAICS 451110) in the United States metric tracks the number of people employed at sporting goods stores across the country. It is an important indicator of consumer demand and overall economic activity in the retail industry.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and market analysts to gauge the strength of the consumer economy.
Key Facts
- Sporting goods stores account for over 450,000 jobs in the U.S.
- Employment in this sector grew by 3.2% in the past year.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed at sporting goods stores in the United States, providing insights into the health of the retail sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and market analysts as an indicator of consumer demand and overall economic activity in the retail industry.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in sporting goods store employment provide valuable insights for policymakers and institutions seeking to understand the health of the consumer economy.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics with minimal delays.
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Citation
U.S. Federal Reserve, Employment for Retail Trade: Sporting Goods Stores (NAICS 451110) in the United States (IPUHN451110W200000000), retrieved from FRED.