Employment for Transportation and Warehousing: Nonscheduled Air Transportation (NAICS 48121) in the United States
IPUIN48121W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.89
Year-over-Year Change
45.06%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the nonscheduled air transportation industry, which includes companies that provide air transportation on a charter basis. It is an important indicator of economic activity and demand for air travel services.
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 Transportation and Warehousing: Nonscheduled Air Transportation (NAICS 48121) in the United States series tracks the number of people employed in the nonscheduled air transportation sector, a subset of the broader transportation and warehousing industry. This data provides insights into the performance and trends within the aviation charter services market.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses in the nonscheduled air transportation industry.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to gauge the health of the air travel and transportation sectors.
Key Facts
- Nonscheduled air transportation includes charter flights, air taxis, and air tours.
- This industry is sensitive to economic conditions and consumer demand for air travel.
- Employment in this sector can signal changes in business and leisure travel patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the nonscheduled air transportation industry, which includes companies that provide air transportation on a charter basis.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into the performance and trends within the aviation charter services market, which is an important indicator of economic activity and demand for air travel services.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses in the nonscheduled air transportation industry.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by economists, policymakers, and industry analysts to gauge the health of the air travel and transportation sectors.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: Nonscheduled Air Transportation (NAICS 48121) in the United States (IPUIN48121W010000000), retrieved from FRED.