All Employees: Transportation and Warehousing in Colorado
SMU08000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
108.80
Year-over-Year Change
68.42%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Transportation and Warehousing in Colorado' series tracks the total number of employees in the transportation and warehousing industry within the state of Colorado. This metric is a key indicator of economic activity and labor market trends in the logistics and distribution sectors.
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 represents the total number of persons on nonfarm payrolls employed in transportation and warehousing establishments located in Colorado. It is a useful proxy for evaluating the health and growth of the state's logistics infrastructure and supply chain operations.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Transportation and warehousing employment figures are closely monitored by policymakers, investors, and analysts to assess the broader economic conditions and outlook.
Key Facts
- Colorado has over 180,000 transportation and warehousing employees.
- The industry accounts for nearly 6% of total nonfarm employment in the state.
- Transportation and warehousing jobs have grown by 15% in Colorado over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employees working in the transportation and warehousing industry within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: Employment in transportation and warehousing is a key indicator of economic activity and the health of logistics infrastructure in Colorado.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Transportation and warehousing employment figures are closely monitored by policymakers, investors, and analysts to assess broader economic conditions and outlook.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in Colorado (SMU08000004340008901A), retrieved from FRED.