All Employees: Retail Trade: Food and Beverage Retailers in Illinois
SMU17000004244500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.36
Year-over-Year Change
-2.53%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the retail trade industry for food and beverage retailers in the state of Illinois. It is an important indicator of economic activity and consumer spending patterns 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
The All Employees: Retail Trade: Food and Beverage Retailers in Illinois series tracks the total number of individuals employed in the retail food and beverage sector across the state. This data provides insights into the health and dynamics of Illinois' consumer-driven economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the broader state of the Illinois economy and consumer demand.
Key Facts
- The data is seasonally adjusted.
- Food and beverage retailers account for over 25% of Illinois' retail trade sector.
- Employment in this industry has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the retail food and beverage industry across the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into consumer spending patterns and the overall health of Illinois' consumer-driven economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess economic conditions and consumer demand in Illinois, which informs decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a slight lag, typically 4-6 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Illinois (SMU17000004244500001SA), retrieved from FRED.