All Employees: Trade, Transportation, and Utilities in Arkansas
SMU05000004000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
269.00
Year-over-Year Change
11.53%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Trade, Transportation, and Utilities in Arkansas' trend measures employment in key economic sectors within the state of Arkansas. This data is crucial for understanding the overall health and performance of Arkansas' 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
This series tracks the total number of employees in the trade, transportation, and utilities industries in Arkansas. These sectors are major drivers of economic activity and provide important insights into consumer demand, supply chain dynamics, and infrastructure utilization within the state.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the performance of Arkansas' key service-providing industries and make informed decisions about economic development, infrastructure investment, and workforce planning.
Key Facts
- Arkansas' trade, transportation, and utilities sector employs over 300,000 workers.
- This trend has shown steady growth since the 2008-2009 recession.
- The sector accounts for nearly 20% of Arkansas' total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the trade, transportation, and utilities industries within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data provides crucial insights into the performance and health of key service-providing sectors that drive economic activity in Arkansas.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and 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 state of Arkansas' key industries and make informed decisions about economic development, infrastructure investment, and workforce planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be some delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, All Employees: Trade, Transportation, and Utilities in Arkansas (SMU05000004000000001A), retrieved from FRED.