All Employees: Retail Trade in Maine
SMS23000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82.20
Year-over-Year Change
-0.12%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Maine' trend measures the total number of people employed in the retail trade industry across the state of Maine. This statistic is closely watched by economists and policymakers to gauge the health of the state's consumer economy.
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 monthly employment levels in Maine's retail sector, which encompasses businesses that sell merchandise and provide services directly to consumers. The data is a key indicator of consumer demand and spending patterns in the state.
Methodology
The U.S. Bureau of Labor Statistics collects this data through monthly surveys of business establishments.
Historical Context
Retail employment figures are monitored by government agencies, industry groups, and financial analysts to assess the broader economic climate.
Key Facts
- Maine's retail sector employs over 90,000 workers.
- Retail trade accounts for 13% of total non-farm employment in the state.
- Retail jobs in Maine have rebounded to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Retail Trade in Maine' series tracks the total number of people employed in the retail trade industry across the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: Retail employment is a key indicator of consumer demand and spending patterns in the state, making it closely watched by economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of business establishments.
Q: How is this trend used in economic policy?
A: Retail employment figures are monitored by government agencies, industry groups, and financial analysts to assess the broader economic climate and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months, and may be subject to revisions as more information becomes available.
Related Trends
Number of Identified Exporters to Netherlands from Maine
MENLDA475SCEN
Transportation and Warehousing Wages and Salaries in Maine
MEWTRA
Gross Domestic Product: Transportation and Utilities (22, 48-49) in Maine
METRANSUTILNGSP
Dividends, Interest and Rent in Maine
MEODIV
Number of Insured Nonmember Commercial Banks in Maine
X08CBNMBIME
Chain-Type Quantity Index for Real GDP: Apparel, Leather, and Allied Product Manufacturing (315-316) in Maine
MEAPPLEATHMANQGSP
Citation
U.S. Federal Reserve, All Employees: Retail Trade in Maine (SMS23000004200000001), retrieved from FRED.