All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Florida
SMU12000004300000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
438.10
Year-over-Year Change
80.07%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures total employment in the transportation, warehousing, and utilities sector in Florida. It provides insight into a key part of the state's economy and can inform policy decisions.
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: Transportation and Utilities: Transportation, Warehousing, and Utilities in Florida series tracks the total number of people employed in Florida's transportation, warehousing, and utilities industries. This data helps economists and policymakers understand activity and trends in this important economic sector.
Methodology
The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for analyzing the health of Florida's logistics and infrastructure industries, which play a vital role in the state's economy.
Key Facts
- Florida's transportation and utilities sector employs over 500,000 people.
- Employment in this sector has grown by 10% over the past 5 years.
- The transportation and warehousing industry is a major contributor to Florida's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in Florida's transportation, warehousing, and utilities industries, providing insight into a key part of the state's economy.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding activity and trends in Florida's logistics and infrastructure sectors, which are vital to the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists and policymakers to analyze the health of Florida's transportation and utilities industries, which can inform infrastructure investment and other policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Florida (SMU12000004300000001A), retrieved from FRED.