All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Alabama
SMU01000004244100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.42
Year-over-Year Change
-0.86%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total employment in the retail trade sector for motor vehicle and parts dealers in the state of Alabama. It provides important insights into the strength and dynamics of this key industry within 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: Motor Vehicle and Parts Dealers in Alabama series tracks the number of people employed in the retail trade of motor vehicles and auto parts in the state. This data is a valuable indicator of consumer demand, business investment, and overall economic activity in this crucial sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health of Alabama's auto retail industry and its broader economic implications.
Key Facts
- Alabama has over 30,000 employees in the motor vehicle and parts retail trade.
- This sector accounts for around 15% of the state's total retail trade employment.
- Employment levels have fluctuated with broader economic conditions in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the retail trade of motor vehicles and auto parts in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the strength and dynamics of Alabama's auto retail industry, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of Alabama's auto retail industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may have some delay in reporting due to the survey process.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Alabama (SMU01000004244100001SA), retrieved from FRED.