Employment for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
896.90
Year-over-Year Change
8.89%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the general freight trucking, long-distance industry within the transportation and warehousing sector of the U.S. economy. It provides important insights into the health and activity of the logistics and distribution industries.
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: General Freight Trucking, Long-Distance (NAICS 48412) in the United States metric tracks the number of workers employed in this specific transportation subsector. It serves as a key indicator of economic activity and supply chain dynamics.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and industry analysts to gauge the strength of the freight transportation and logistics sectors.
Key Facts
- This industry employs over 1 million workers in the U.S.
- Long-distance trucking is a vital component of the national supply chain.
- Employment levels reflect the broader health of the logistics and distribution sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment levels in the general freight trucking, long-distance industry (NAICS 48412) within the broader transportation and warehousing sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and activity of the logistics and distribution industries, which are critical components of the national supply chain.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers, economists, and industry analysts to gauge the strength of the freight transportation and logistics sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States (IPUIN48412W200000000), retrieved from FRED.