Monthly, Seasonally Adjusted
SMU08000005051100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.16
Year-over-Year Change
2.01%
Date Range
1/1/1990 - 12/1/2022
Summary
The 'Monthly, Seasonally Adjusted' trend measures employment in the Dallas-Fort Worth-Arlington, TX metropolitan area. This metric is a key indicator of regional economic health and labor market conditions.
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 tracks the total number of employees on nonfarm payrolls in the Dallas-Fort Worth-Arlington, TX metropolitan statistical area. It is seasonally adjusted to account for typical employment fluctuations throughout the year.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Dallas-Fort Worth employment trend is closely monitored by policymakers, analysts, and businesses to assess the strength of the regional economy.
Key Facts
- The Dallas-Fort Worth metro area has a population of over 7.5 million.
- Employment in the region has grown by over 20% in the past decade.
- The Dallas-Fort Worth economy is heavily focused on technology, finance, and aviation.
FAQs
Q: What does this economic trend measure?
A: This trend measures total nonfarm payroll employment in the Dallas-Fort Worth-Arlington, TX metropolitan area on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The Dallas-Fort Worth employment trend is a key indicator of regional economic performance and labor market conditions.
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 closely monitor the Dallas-Fort Worth employment trend to assess the strength of the regional economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU08000005051100001SA), retrieved from FRED.