Employment for Transportation and Warehousing: Other Support Activities for Transportation (NAICS 4889) in the United States
IPUIN4889W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.20
Year-over-Year Change
-40.54%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures employment in the transportation and warehousing industry, specifically for other support activities for transportation under NAICS code 4889. It provides valuable insights into the labor market and economic activity in this critical 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 data for NAICS 4889 Other Support Activities for Transportation reflects staffing levels at businesses that provide services to support various modes of transportation, such as cargo handling, packing and crating, and navigation services. This metric is closely watched by economists and policymakers to gauge the health and growth of the broader transportation and logistics industry.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this employment series can signal changes in consumer demand, supply chain activity, and broader economic conditions.
Key Facts
- Employment in NAICS 4889 support activities was over 218,000 as of the latest data.
- This sector saw a sharp decline in jobs during the COVID-19 pandemic.
- The transportation and warehousing industry accounts for over 5% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in the transportation and warehousing industry, specifically for businesses providing support activities for various transportation modes under NAICS code 4889.
Q: Why is this trend relevant for users or analysts?
A: This employment data is a key indicator of activity and labor market conditions in the crucial transportation and logistics sector, providing insights into consumer demand, supply chain dynamics, and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in this transportation support employment series are monitored by economists, policymakers, and market analysts to assess the health of the logistics industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a typical lag of 1-2 months from the reference period.
Related Trends
Output per Worker for Transportation and Warehousing: Postal Service (NAICS 4911) in the United States
IPUIN4911W001000000
Hours Worked for Transportation and Warehousing: Specialized Freight Trucking (NAICS 4842) in the United States
IPUIN4842L200000000
Hours Worked for Transportation and Warehousing: Scenic and Sightseeing Transportation, Water (NAICS 48721) in the United States
IPUIN48721L201000000
Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 484220) in the United States
IPUIN484220W201000000
Capital Productivity for Transportation and Warehousing: Line-Haul Railroads (NAICS 482111) in the United States
IPUIN482111C001000000
Hourly Compensation for Transportation and Warehousing: Truck Transportation (NAICS 484) in the United States
IPUIN484U121000000
Citation
U.S. Federal Reserve, Employment for Transportation and Warehousing: Other Support Activities for Transportation (NAICS 4889) in the United States (IPUIN4889W201000000), retrieved from FRED.