Labor Compensation for Retail Trade: Office Supplies, Stationery, and Gift Stores (NAICS 4532) in the United States
IPUHN4532L021000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-5.20
Year-over-Year Change
-5300.00%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures labor compensation, including wages and benefits, for workers in office supplies, stationery, and gift stores in the United States. It provides insight into the costs and economic conditions 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 Labor Compensation for Retail Trade: Office Supplies, Stationery, and Gift Stores (NAICS 4532) in the United States measures the total compensation, including wages and benefits, paid to workers in this specific retail industry. This data point is used by economists and policymakers to analyze labor market trends and the economic health of this retail segment.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used to inform economic and employment policy decisions, as well as business strategy and investment decisions.
Key Facts
- This metric covers the office supplies, stationery, and gift stores industry.
- Compensation includes wages, salaries, and employee benefits.
- The data is reported on a quarterly basis.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total labor compensation, including wages and benefits, paid to workers in the office supplies, stationery, and gift stores industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the economic conditions and labor market trends within this specific retail sector, which is useful for economic analysis, business strategy, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists and policymakers to inform decisions related to employment, consumer spending, and the overall health of the retail industry.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a delay in the most recent information.
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Citation
U.S. Federal Reserve, Labor Compensation for Retail Trade: Office Supplies, Stationery, and Gift Stores (NAICS 4532) in the United States (IPUHN4532L021000000), retrieved from FRED.