All Employees: Wholesale Trade in Rhode Island
SMS44000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.80
Year-over-Year Change
3.07%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry in Rhode Island. It provides insight into the overall health and activity of the state's wholesale 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: Wholesale Trade in Rhode Island metric tracks the total employment levels in the wholesale trade industry across the state. This data point is a key indicator of economic performance and can inform policy decisions related to the wholesale trade market.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Rhode Island's wholesale trade industry and its contribution to the state's overall economic landscape.
Key Facts
- Rhode Island's wholesale trade industry employs over 18,000 workers.
- Wholesale trade accounts for nearly 5% of the state's total employment.
- Employment in this sector has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade industry across the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade employment data provides valuable insight into the overall health and activity of this key industry within the Rhode Island economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of Rhode Island's wholesale trade sector and its contribution to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, so the most recent figures may not fully reflect the current state of the wholesale trade industry.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Rhode Island (SMS44000004100000001), retrieved from FRED.