All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Illinois
SMU17000004142300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.52
Year-over-Year Change
0.01%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry for durable goods merchants in the state of Illinois. It provides insights into the health and activity of this important sector of the Illinois 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: Wholesale Trade: Merchant Wholesalers, Durable Goods in Illinois metric tracks the monthly employment levels of businesses that sell durable manufactured goods, such as machinery, equipment, and supplies, to other businesses within Illinois. This data point is a key indicator of economic activity and business investment.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Illinois' wholesale trade industry and broader economic conditions.
Key Facts
- Illinois is a major hub for wholesale trade in the Midwest.
- Durable goods make up a significant portion of Illinois' wholesale activity.
- Employment in this sector can signal broader economic trends in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade industry for durable goods merchants located in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and activity of Illinois' wholesale trade sector, which is an important driver of the state's economy. It can signal broader economic conditions and business investment trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments 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' wholesale trade industry and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: This data is published monthly by the U.S. Federal Reserve, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Illinois (SMU17000004142300001SA), retrieved from FRED.