All Employees: Wholesale Trade in Tennessee
Monthly, Seasonally Adjusted
SMS47000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
138.60
Year-over-Year Change
1.02%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted employment trend measures the total number of nonfarm payroll jobs in the United States, a key indicator of economic health.
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 widely watched labor market indicator tracks the total number of paid employees working at businesses and government entities, excluding farm workers, private household employees, and nonprofit organizations. It is a timely metric for assessing the strength of the overall economy.
Methodology
The data is collected through a monthly survey of businesses and government agencies.
Historical Context
This employment metric is closely monitored by policymakers, investors, and analysts to gauge the pace of economic activity.
Key Facts
- The US economy added 236,000 jobs in March 2023.
- The unemployment rate stood at 3.5% in March 2023.
- Job growth has been strong, with 12 consecutive months of gains.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted employment trend measures the total number of nonfarm payroll jobs in the United States, providing a comprehensive view of the labor market.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is a leading indicator of economic health, closely watched by policymakers, investors, and analysts to gauge the pace of economic activity and make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The nonfarm payroll employment data is a key input for the Federal Reserve and other policymakers in assessing the state of the labor market and making decisions about monetary policy.
Q: Are there update delays or limitations?
A: The monthly employment data is released by the Bureau of Labor Statistics on the first Friday of each month, providing timely information on the labor market.
Related Trends
Real Gross Domestic Product: Food Services and Drinking Places (722) in Tennessee
TNFOODDPRGSP
Total Personal Income in Tennessee
TNOTOT
Per Capita Personal Consumption Expenditures: Goods: Durable Goods: Motor Vehicles and Parts for Tennessee
TNPCEPCVEH
Chain-Type Quantity Index for Real GDP: Durable Goods Manufacturing (321, 327-339) in Tennessee
TNDURMANQQGSP
Gross Domestic Product: Paper Manufacturing (322) in Tennessee
TNPAPMANNGSP
Real Gross Domestic Product: Fabricated Metal Product Manufacturing (332) in Tennessee
TNFABRMETRGSP
Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMS47000004100000001), retrieved from FRED.