All Employees: Retail Trade: Food and Beverage Retailers in Maine
SMU23000004244500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.40
Year-over-Year Change
-2.86%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Retail Trade: Food and Beverage Retailers in Maine' trend measures the total number of people employed in the food and beverage retail industry in the state of Maine. This data is an important indicator of economic activity and consumer demand 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
This series tracks the total employment levels in the food and beverage retail sector within the state of Maine. Economists and policymakers use this data to assess the overall health of Maine's consumer-facing industries and gauge regional economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
Trends in food and beverage retail employment provide insight into consumer spending patterns and confidence within the Maine market.
Key Facts
- Maine has over 30,000 food and beverage retail employees.
- Retail trade accounts for 12% of total employment in Maine.
- Food and beverage retail jobs in Maine have grown by 5% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the food and beverage retail industry within the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: Trends in food and beverage retail employment provide insight into consumer spending patterns and economic conditions in the Maine market, which is valuable information for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the overall health of Maine's consumer-facing industries and make informed decisions about economic development, taxation, and other policies that impact the retail sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short delay, so it provides timely information about current employment levels in Maine's food and beverage retail industry.
Related Trends
Regional Price Parities: All Items for Maine
MERPPALL
Electric Power Carbon Dioxide Emissions, Coal (Electric Utility) for Maine
EMISSCO2VCLEIBMEA
Other Services (except Public Administration) Earnings in Maine
MEEOTH
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Maine
MEGOVQGSP
Gross Domestic Product: Air Transportation (481) in Maine
MEAIRTRANNGSP
Unemployed: Job Losers for Maine
JOBLOSME
Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Maine (SMU23000004244500001), retrieved from FRED.