All Employees: Retail Trade in Florida
SMU12000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,163.60
Year-over-Year Change
1.30%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade in Florida' trend measures the total number of people employed in the retail trade industry across the state of Florida. This data is crucial for economists and policymakers to understand consumer spending patterns and the overall health of the state's 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
This series tracks the total number of employees working in the retail trade sector in Florida. It is an important indicator of consumer demand and economic activity, as retail trade makes up a significant portion of Florida's economy. Analysts use this data to assess the performance of the state's retail industry and make informed decisions about economic policy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market analysts closely monitor this trend to gauge the strength of Florida's consumer economy and make informed decisions about economic policies and market strategies.
Key Facts
- Florida's retail trade industry employs over 1.2 million people.
- Retail trade accounts for about 13% of Florida's total employment.
- The retail industry is a major driver of Florida's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the retail trade industry across the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding consumer spending patterns and the overall health of Florida's economy, as the retail trade sector is a significant component.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to gauge the strength of Florida's consumer economy and make informed decisions about economic policies and market strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delay, providing timely information on the retail trade industry in Florida.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Florida (SMU12000004200000001), retrieved from FRED.