All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado
SMU08000004142400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.10
Year-over-Year Change
-2.49%
Date Range
1/1/1990 - 7/1/2025
Summary
This metric tracks total employment in the wholesale trade industry for nondurable goods merchants in Colorado. It provides insight into economic activity and labor market trends in this key 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: Merchant Wholesalers, Nondurable Goods in Colorado series measures the total number of employees in the wholesale trade industry for merchants of nondurable goods within the state of Colorado. This data is used by economists and policymakers to assess the health and productivity of Colorado's wholesale trade sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this metric are monitored by economists, businesses, and policymakers to understand economic conditions and inform decisions.
Key Facts
- Colorado's wholesale trade sector employs over 100,000 workers.
- Nondurable goods account for nearly 60% of wholesale trade employment in the state.
- Wholesale trade is a leading industry, contributing over $20 billion annually to Colorado's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks total employment in the wholesale trade industry for merchants of nondurable goods within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: Trends in wholesale trade employment provide insight into the health and productivity of this key sector of the Colorado economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, businesses, and policymakers monitor this metric to understand economic conditions and inform decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado (SMU08000004142400001), retrieved from FRED.