All Employees: Retail Trade: Grocery Stores in Indiana
SMU18000004244510001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.50
Year-over-Year Change
-10.50%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Retail Trade: Grocery Stores in Indiana' economic trend measures employment levels in the grocery store industry within the state of Indiana. This data provides insights into the health and labor dynamics of a key consumer-facing sector.
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 total number of people employed in grocery stores, a major component of the retail trade industry, across the state of Indiana. It is an important economic indicator used by analysts and policymakers to gauge consumer demand, business activity, and regional economic conditions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Grocery store employment figures are widely monitored as they reflect consumer spending patterns and the overall strength of the retail sector.
Key Facts
- Indiana has over 4,200 grocery stores statewide.
- Grocery stores employ more than 105,000 workers in Indiana.
- Grocery store employment accounts for 25% of Indiana's retail trade jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in grocery stores within the state of Indiana, providing insights into the retail trade industry.
Q: Why is this trend relevant for users or analysts?
A: Grocery store employment is a key indicator of consumer spending and regional economic conditions, making this data highly relevant for analysts, policymakers, and businesses.
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: Grocery store employment figures are closely monitored by economists and policymakers to gauge the health of the retail sector and consumer demand.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical one-month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Grocery Stores in Indiana (SMU18000004244510001A), retrieved from FRED.