All Employees: Couriers and Messengers in Colorado
SMU08000004349200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.90
Year-over-Year Change
119.77%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the courier and messenger industry in Colorado. It provides insights into the demand for courier and delivery services in the state.
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: Couriers and Messengers in Colorado series tracks the total employment levels in the courier and messenger services industry across the state. This data point is used by economists and policymakers to monitor trends in the transportation and logistics sector.
Methodology
The data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking courier and messenger employment is relevant for understanding broader economic conditions and consumer demand patterns.
Key Facts
- Colorado's courier and messenger industry employs over 13,000 workers.
- Employment in this sector has grown by 20% over the past 5 years.
- The rise of e-commerce has driven increased demand for courier and delivery services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the courier and messenger services industry across the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in the courier and messenger sector provides insights into logistics, transportation, and consumer demand trends in Colorado's economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this data to understand broader economic conditions and consumer behavior patterns in Colorado.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Couriers and Messengers in Colorado (SMU08000004349200001A), retrieved from FRED.