Employment for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States
IPUHN45112W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.50
Year-over-Year Change
-12.52%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment levels in the U.S. retail trade industry for hobby, toy, and game stores. It provides important insights into consumer demand and the overall health 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: Hobby, Toy, and Game Stores (NAICS 45112) in the United States metric tracks the number of individuals employed in this specialized retail segment. It serves as a key indicator of consumer spending patterns and economic conditions affecting the broader retail industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses.
Historical Context
This employment trend is closely watched by policymakers, analysts, and investors to gauge the strength of the consumer economy.
Key Facts
- This segment accounts for over 130,000 U.S. jobs.
- Employment levels peaked in early 2020 before declining due to the pandemic.
- The hobby and toy retail industry is highly sensitive to consumer confidence.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals employed in the U.S. retail trade industry for hobby, toy, and game stores, providing insights into consumer demand and the overall health of the retail sector.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is closely watched by policymakers, analysts, and investors as a key indicator of consumer spending patterns and economic conditions affecting the broader retail industry.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers, economists, and market analysts to gauge the strength of the consumer economy and inform economic policies and business decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of several weeks from the reference period.
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Citation
U.S. Federal Reserve, Employment for Retail Trade: Hobby, Toy, and Game Stores (NAICS 45112) in the United States (IPUHN45112W200000000), retrieved from FRED.