All Employees: Retail Trade in North Carolina
SMS37000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
529.50
Year-over-Year Change
0.80%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the retail trade industry in North Carolina. It provides insights into the health and activity of the state's retail 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 All Employees: Retail Trade in North Carolina series tracks the total number of individuals employed in the retail trade industry across the state. This metric is an important indicator of consumer demand, business investment, and economic conditions.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the strength of North Carolina's consumer economy and make informed decisions.
Key Facts
- North Carolina is the 9th largest state economy in the U.S.
- Retail trade accounts for over 10% of North Carolina's GDP.
- The state has seen steady growth in retail employment since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail trade industry across the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and activity of North Carolina's consumer economy, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess consumer demand, business investment, and overall economic conditions in North Carolina, which informs their decision-making.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, so the most recent figures may not reflect the current state of the retail industry.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in North Carolina (SMS37000004200000001), retrieved from FRED.