All Employees: Retail Trade in Colorado
SMS08000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.10
Year-over-Year Change
-1.71%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Colorado' trend measures the total number of people employed in the retail trade industry across the state of Colorado. This metric is closely watched by economists and policymakers as a key indicator of consumer spending 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 series tracks the total number of people employed in retail trade establishments in Colorado, including stores that sell merchandise such as clothing, furniture, electronics, and other consumer goods. Retail employment is a leading indicator of consumer demand and provides insight into the overall health of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Retail employment trends are used by policymakers, analysts, and investors to understand consumer spending patterns and make informed decisions about fiscal and monetary policy.
Key Facts
- Colorado retail trade employment totaled over 450,000 in 2022.
- Retail jobs account for approximately 10% of Colorado's total non-farm employment.
- Retail trade employment in Colorado has grown by 20% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the retail trade industry across the state of Colorado. It provides insight into consumer spending and economic activity in the state.
Q: Why is this trend relevant for users or analysts?
A: Retail employment is a key indicator of consumer demand and the overall health of the state's economy, making it highly relevant for policymakers, analysts, and investors.
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: Retail employment trends are used by policymakers, analysts, and investors to understand consumer spending patterns and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is typically published on a monthly basis with a lag of several weeks, so there may be a delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Colorado (SMS08000004200000001), retrieved from FRED.