Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Illinois
SMU17000004000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.70
Year-over-Year Change
1.20%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Illinois measures the average number of hours worked per week by employees in the trade, transportation, and utilities sectors in the state of Illinois. This metric provides insight into the level of economic activity and labor market conditions in these key industries.
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 economic trend tracks the average weekly hours worked by all employees in the trade, transportation, and utilities industries in Illinois. It is an important indicator of the health and productivity of these sectors, which are critical components of the state's economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Illinois' economy and inform decisions related to economic and labor market policies.
Key Facts
- The data is released monthly by the U.S. Bureau of Labor Statistics.
- Illinois is the fifth-largest state economy in the United States.
- The trade, transportation, and utilities sector accounts for over 20% of Illinois' GDP.
FAQs
Q: What does this economic trend measure?
A: The Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Illinois measures the average number of hours worked per week by employees in the trade, transportation, and utilities sectors in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the level of economic activity and labor market conditions in these key industries, which are critical components of Illinois' economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Illinois' economy and inform decisions related to economic and labor market policies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Illinois (SMU17000004000000002), retrieved from FRED.