All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado
SMU08000004142400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.16
Year-over-Year Change
-2.39%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry, specifically focusing on merchant wholesalers of nondurable goods in the state of Colorado. It provides insight into the health and activity of this key sector of the Colorado 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: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado series tracks the monthly employment levels in this important industry, which includes the distribution and sale of products like food, apparel, and pharmaceuticals. This data is used by economists and policymakers to analyze trends in Colorado's broader economic landscape.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend offers valuable insights for assessing the performance of Colorado's wholesale trade sector and its impact on the state's overall economic conditions.
Key Facts
- Colorado's wholesale trade industry accounts for over 5% of the state's total employment.
- Nondurable goods wholesalers represent a significant portion of the state's wholesale trade sector.
- Employment in this industry has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade industry, specifically focusing on merchant wholesalers of nondurable goods in the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and health of a key sector of the Colorado economy, which can inform economic analysis and policymaking decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend offers valuable insights for assessing the performance of Colorado's wholesale trade sector and its impact on the state's overall economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of around one month between the reference period and the release of the information.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado (SMU08000004142400001SA), retrieved from FRED.