All Employees: Retail Trade: Department Stores in Idaho
SMU16000004245510001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
-7.69%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the retail trade department store sector in the state of Idaho. It provides important insights into the health and performance of a key segment 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
The 'All Employees: Retail Trade: Department Stores in Idaho' series tracks the number of individuals employed in the department store industry within the broader retail trade sector across the state. This metric serves as a barometer for consumer demand and spending patterns in Idaho.
Methodology
This data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this employment trend to gauge the strength of Idaho's consumer economy and make informed decisions.
Key Facts
- Idaho has over 16,000 department store employees as of the latest data.
- Department store jobs account for roughly 15% of Idaho's retail trade employment.
- This trend has shown steady growth over the past decade, reflecting the state's expanding consumer economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the department store industry within the broader retail trade sector in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into consumer demand and spending patterns in Idaho, which is crucial information for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to gauge the strength of Idaho's consumer economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Department Stores in Idaho (SMU16000004245510001), retrieved from FRED.