All Employees: Retail Trade in Massachusetts
SMS25000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
325.50
Year-over-Year Change
-0.58%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the retail trade sector in the state of Massachusetts. It provides insights into the health and performance of the retail industry, which is a significant component of the state's 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
The All Employees: Retail Trade in Massachusetts series tracks the total number of individuals employed in the retail trade sector within the state. This data is widely used by economists, policymakers, and market analysts to assess the economic conditions and consumer spending patterns in Massachusetts.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies and businesses to inform economic policies and investment decisions.
Key Facts
- Massachusetts has the 6th largest retail trade sector in the U.S.
- Retail trade accounts for over 10% of the state's total employment.
- The trend has shown steady growth in retail jobs over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the retail trade sector within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of the retail industry, which is a significant component of Massachusetts' economy. It is widely used by economists, policymakers, and market analysts to assess economic conditions and consumer spending patterns in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by government agencies and businesses to inform economic policies and investment decisions in Massachusetts.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of 1-2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Massachusetts (SMS25000004200000001), retrieved from FRED.