All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Indiana
SMU18000004244100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.05
Year-over-Year Change
-0.92%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the retail trade sector for motor vehicle and parts dealers in the state of Indiana. It provides insight into the health and activity of this key industry within 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: Motor Vehicle and Parts Dealers in Indiana data series tracks the total number of people employed in the retail trade of motor vehicles and parts across the state. This metric is used by economists and policymakers to assess the performance and dynamics of this important consumer-facing industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend provides valuable context for understanding consumer demand, business investment, and broader economic conditions in Indiana.
Key Facts
- Indiana is a major hub for automotive manufacturing and sales.
- Motor vehicle and parts dealers account for a significant share of the state's retail trade sector.
- Employment in this industry is a key indicator of consumer spending and business investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the retail trade of motor vehicles and parts in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the performance of a critical industry within Indiana's economy, reflecting consumer demand and business investment.
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 employment trend to assess the health of Indiana's retail trade sector and broader economic conditions.
Q: Are there update delays or limitations?
A: This data is subject to the regular publication schedule and potential revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Indiana (SMU18000004244100001SA), retrieved from FRED.