Hours Worked for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States
IPUIN49111L200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,146.58
Year-over-Year Change
2.18%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures the total hours worked in the Postal Service industry within the broader Transportation and Warehousing sector in the United States. It provides insights into labor demand and productivity in this critical infrastructure 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 Hours Worked for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States series tracks the total number of hours worked by employees in the Postal Service industry. This data is used by economists and policymakers to analyze labor market conditions, productivity trends, and the overall health of the logistics and transportation sector.
Methodology
The data is collected through surveys of businesses and establishments in the Postal Service industry.
Historical Context
This trend is relevant for understanding economic performance, labor market dynamics, and the capacity of the logistics infrastructure supporting the broader economy.
Key Facts
- The Postal Service industry is a major employer in the U.S. transportation and logistics sector.
- Total hours worked in the Postal Service industry can indicate changes in productivity and labor demand.
- Trends in Postal Service hours worked provide insights into the overall health of the logistics infrastructure.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total hours worked by employees in the Postal Service industry, which is part of the broader Transportation and Warehousing sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market conditions, productivity, and the overall capacity of the logistics infrastructure supporting the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the Postal Service industry.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the performance and capacity of the logistics and transportation sector, which is critical infrastructure for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of government statistical surveys.
Related Trends
Hours Worked for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481L200000000
Hours Worked for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412L010000000
Employment for Transportation and Warehousing: Water Transportation (NAICS 483) in the United States
IPUIN483W200000000
Hours Worked for Transportation and Warehousing: Scheduled Air Transportation (NAICS 48111) in the United States
IPUIN48111L200000000
Hourly Compensation for Transportation and Warehousing: General Freight Trucking (NAICS 4841) in the United States
IPUIN4841U120000000
Hours Worked for Transportation and Warehousing: Rail Transportation (NAICS 48211) in the United States
IPUIN48211L010000000
Citation
U.S. Federal Reserve, Hours Worked for Transportation and Warehousing: Postal Service (NAICS 49111) in the United States (IPUIN49111L200000000), retrieved from FRED.