Employment for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 4882) in the United States
IPUIN4882W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.30
Year-over-Year Change
37.90%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in support activities for rail transportation in the United States, providing insights into the labor needs of the rail logistics 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 Employment for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 4882) trend tracks the number of workers employed in activities that support the operation of the nation's rail infrastructure, such as track maintenance, signal systems, and rail yard operations.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by policymakers, economists, and industry analysts to monitor the health and growth of the rail transportation sector.
Key Facts
- Rail support activities employ over 200,000 workers in the U.S.
- Employment in this sector has grown by 10% in the past 5 years.
- The rail industry is a major contributor to the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in support activities for rail transportation in the United States, such as track maintenance, signal systems, and rail yard operations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor needs and growth of the rail logistics industry, which is a critical component of the U.S. transportation and distribution infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this metric to monitor the health and growth of the rail transportation sector, which informs decisions related to infrastructure investment, regulation, and economic planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: Support Activities for Rail Transportation (NAICS 4882) in the United States (IPUIN4882W200000000), retrieved from FRED.