All Employees: Trade, Transportation, and Utilities in Minnesota
MNTRAD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
541.40
Year-over-Year Change
1.23%
Date Range
1/1/1990 - 6/1/2025
Summary
The All Employees: Trade, Transportation, and Utilities in Minnesota indicator measures the number of people employed in these sectors across the state. It provides insights into Minnesota's labor market and economic activity.
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
This indicator tracks employment in the trade, transportation, and utilities industries, which are key contributors to Minnesota's economy. It is used by economists and policymakers to analyze trends in the state's workforce and economic performance.
Methodology
The data is collected through surveys of Minnesota businesses and establishments.
Historical Context
This indicator helps assess the overall health of Minnesota's economy and can inform policy decisions related to infrastructure, workforce development, and business growth.
Key Facts
- Minnesota's trade, transportation, and utilities sector employs over 700,000 workers.
- This sector accounts for approximately 20% of the state's total non-farm employment.
- Employment in this sector has been growing steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Trade, Transportation, and Utilities in Minnesota indicator measures the number of people employed in these key economic sectors across the state.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the health and performance of Minnesota's labor market and economy, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Minnesota businesses and establishments.
Q: How is this trend used in economic policy?
A: This indicator helps assess the overall state of Minnesota's economy and can inform policy decisions related to infrastructure, workforce development, and business growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in Minnesota (MNTRAD), retrieved from FRED.