Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Indiana
SMU18000004000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.30
Year-over-Year Change
-1.48%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees in the Trade, Transportation, and Utilities sector in Indiana measures the average number of hours worked per week by employees in this industry group. This metric provides insight into labor market conditions and productivity trends in the state.
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 series tracks the average weekly hours worked by all employees, including both full-time and part-time workers, in the Trade, Transportation, and Utilities sector of the Indiana economy. The data is a useful indicator of overall economic activity and labor market trends in this key industry group.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and industry analysts to assess the health of the Indiana economy.
Key Facts
- Indiana's Trade, Transportation, and Utilities sector employs over 1 million workers.
- The average weekly hours have fluctuated between 36-38 hours over the past decade.
- This metric is a leading indicator of production and consumption trends in the state.
FAQs
Q: What does this economic trend measure?
A: This series measures the average number of hours worked per week by employees in the Trade, Transportation, and Utilities sector in Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market conditions, productivity, and overall economic activity in a key industry group for the Indiana economy.
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, economists, and industry analysts closely monitor this metric to assess the health of the Indiana economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Indiana (SMU18000004000000002), retrieved from FRED.