All Employees: Warehousing and Storage in Colorado
SMU08000004349300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.50
Year-over-Year Change
284.06%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Warehousing and Storage in Colorado' trend measures the total number of employees in the warehousing and storage industry within the state of Colorado. This metric provides insight into the logistics and supply chain activity in the region.
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 economic indicator tracks the total employment levels in the warehousing and storage sector, which includes facilities that store goods and facilitate their distribution. The data can be used to analyze trends in Colorado's logistics industry and assess its economic health.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to gauge the strength of Colorado's supply chain infrastructure and logistics-related economic activity.
Key Facts
- Colorado has over 1,200 warehousing and storage establishments.
- The industry employs more than 35,000 workers in the state.
- Warehousing and storage jobs make up about 1.2% of Colorado's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the warehousing and storage industry within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of Colorado's logistics and supply chain industry, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the strength of Colorado's supply chain infrastructure and logistics-related economic activity.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Warehousing and Storage in Colorado (SMU08000004349300001A), retrieved from FRED.