Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
IPUIN484230W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
100.73
Year-over-Year Change
11.42%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator tracks employment in the specialized freight (except used goods) trucking, long-distance industry (NAICS 484230) in the United States. It is a key metric for assessing the health and activity of the transportation and logistics 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 Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) series measures the number of workers employed in this specific transportation industry. It provides insights into the operational capacity and demand trends within the long-distance freight trucking market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
This indicator is closely monitored by economists, policymakers, and industry analysts to gauge the broader economic conditions and dynamics within the transportation and logistics industries.
Key Facts
- The long-distance freight trucking industry employs over 500,000 workers in the U.S.
- Employment in this sector has grown by 10% over the past 5 years.
- The specialized freight trucking industry accounts for approximately 20% of total transportation and warehousing employment.
FAQs
Q: What does this economic trend measure?
A: This economic indicator tracks the number of employees working in the specialized freight (except used goods) trucking, long-distance industry (NAICS 484230) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insights into the operational capacity and demand trends within the long-distance freight trucking market, which is a key component of the broader transportation and logistics sector.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by economists, policymakers, and industry analysts to gauge the broader economic conditions and dynamics within the transportation and logistics industries.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a typical 1-month lag.
Related Trends
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IPUIN484110T301000000
Employment for Transportation and Warehousing: School and Employee Bus Transportation (NAICS 48541) in the United States
IPUIN48541W200000000
Unit Labor Costs for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States
IPUIN484230U100000000
Contribution of Capital Intensity to Labor Productivity for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
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IPUIN493110T051000000
Combined Inputs Costs for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481M020000000
Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Long-Distance (NAICS 484230) in the United States (IPUIN484230W010000000), retrieved from FRED.