Employment for Transportation and Warehousing: Scenic and Sightseeing Transportation, Land (NAICS 4871) in the United States
IPUIN4871W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.70
Year-over-Year Change
-8.59%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the scenic and sightseeing transportation, land industry (NAICS 4871) within the broader transportation and warehousing sector. It provides valuable insights into the labor dynamics of this specialized tourism-related industry.
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 IPUIN4871W200000000 series tracks the total number of employees in establishments primarily engaged in providing scenic and sightseeing transportation services on land. This data offers economists and policymakers a view into the health and trends of this niche transportation segment.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This employment trend is useful for analyzing the broader tourism and leisure industry, as well as transportation infrastructure needs.
Key Facts
- The scenic and sightseeing transportation, land industry is a small but important component of the U.S. transportation sector.
- Employment in this industry is closely tied to tourism and leisure activity.
- Tracking this data can provide insights into the health of regional and national tourism economies.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the scenic and sightseeing transportation, land industry (NAICS 4871) within the broader transportation and warehousing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data offers valuable insights into the labor dynamics of a specialized tourism-related transportation industry, which can inform analysis of the broader leisure and tourism economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This employment trend can be used to analyze the health of the tourism industry and inform decisions about transportation infrastructure investments.
Q: Are there update delays or limitations?
A: There may be update delays or limitations typical of employment data, but the series provides a valuable window into this specific industry segment.
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Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: Scenic and Sightseeing Transportation, Land (NAICS 4871) in the United States (IPUIN4871W200000000), retrieved from FRED.