All Employees: Retail Trade: Grocery Stores in Idaho
SMU16000004244510001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.40
Year-over-Year Change
48.08%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Retail Trade: Grocery Stores in Idaho' series measures the total number of employees in the grocery store industry within the state of Idaho. This metric is closely watched by economists and policymakers as an indicator of consumer spending and economic 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 data series tracks the monthly employment levels in the grocery store industry, which is a key component of the broader retail trade sector. The number of grocery store employees provides insight into consumer demand, supply chain dynamics, and overall economic conditions in Idaho.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in grocery store employment are used by analysts to assess the health of Idaho's consumer economy and guide policy decisions.
Key Facts
- Idaho has over 700 grocery stores as of 2022.
- Grocery stores employ around 25,000 workers in Idaho.
- Grocery store employment in Idaho has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employees working in the grocery store industry within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: Trends in grocery store employment provide insights into consumer spending, economic activity, and the overall health of Idaho's retail sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use grocery store employment data to assess consumer demand and guide decisions on economic policies and initiatives.
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: Retail Trade: Grocery Stores in Idaho (SMU16000004244510001A), retrieved from FRED.