Gross Domestic Product: Wholesale Trade (42) in Louisiana
Annual, Not Seasonally Adjusted
LAWHOLENGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,641.40
Year-over-Year Change
53.02%
Date Range
1/1/1997 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures the total number of employees in the wholesale trade industry in the United States. This metric provides insight into the overall health and activity of the wholesale 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 Annual, Not Seasonally Adjusted data series tracks the total number of employees working in the U.S. wholesale trade industry on an annual basis. This metric is used by economists and policymakers to assess the performance and strength of the wholesale sector within the broader economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade employment figures are monitored as an indicator of overall economic conditions and business-to-business activity.
Key Facts
- The wholesale trade industry accounts for over 5.5 million U.S. jobs.
- Wholesale employment tends to track closely with broader economic cycles.
- The sector includes a wide range of businesses, from durable goods to consumer products.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of employees working in the U.S. wholesale trade industry on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: Wholesale trade employment figures are closely watched as an indicator of overall economic conditions and business-to-business activity.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade employment is monitored by economists and policymakers as a gauge of the performance and strength of the wholesale sector within the broader economy.
Q: Are there update delays or limitations?
A: The Annual, Not Seasonally Adjusted data is released with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (LAWHOLENGSP), retrieved from FRED.