All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Alabama
SMU01000004142400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.71
Year-over-Year Change
-1.26%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the wholesale trade sector for nondurable goods merchant wholesalers in Alabama. It provides insights into the state's wholesale trade industry and economic activity.
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: Merchant Wholesalers, Nondurable Goods in Alabama metric tracks the total number of employees working in the wholesale trade of nondurable goods, such as food, apparel, and chemicals, within the state of Alabama. This data point is a key indicator of the health and trends within Alabama's wholesale trade industry.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess the state of Alabama's wholesale trade sector and its broader economic conditions.
Key Facts
- Alabama's wholesale trade sector employs over 55,000 workers.
- Nondurable goods account for over 60% of Alabama's wholesale trade industry.
- Wholesale trade is a significant contributor to Alabama's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade of nondurable goods, such as food, apparel, and chemicals, within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Alabama's wholesale trade industry, which is an important component of the state's overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess the state of Alabama's wholesale trade sector and its broader economic conditions, which can inform policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Alabama (SMU01000004142400001SA), retrieved from FRED.