Hours Worked for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States
IPUHN45112L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.33
Year-over-Year Change
-13.76%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the total hours worked by employees in U.S. hobby, toy, and game stores. It provides insight into the labor input and production capacity of this 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 Hours Worked for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States metric tracks the total number of hours worked by employees in this specialized retail industry. It serves as an indicator of production capacity and overall economic activity in this segment of the retail trade.
Methodology
This data is collected by the U.S. Federal Reserve through surveys of business establishments.
Historical Context
Policymakers and analysts use this metric to assess the health and trends within the hobby, toy, and game retail industry.
Key Facts
- Hobby, toy, and game stores make up a $30 billion industry in the U.S.
- This sector employs over 280,000 workers nationwide.
- Hours worked in this industry tend to peak during the holiday shopping season.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of hours worked by employees in U.S. hobby, toy, and game stores (NAICS 45112).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor input and production capacity of this specialized retail sector, making it useful for policymakers and economists assessing economic activity.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects this data through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to monitor the health and trends within the hobby, toy, and game retail industry.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay.
Related Trends
Hourly Compensation for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States
IPUHN45112U120000000
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IPUHN441W001000000
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IPUHN453910U101000000
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IPUHN44422T300000000
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Citation
U.S. Federal Reserve, Hours Worked for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States (IPUHN45112L010000000), retrieved from FRED.