All Employees: Transportation and Utilities: Transportation and Warehousing in Maine
SMU23000004340008901 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.10
Year-over-Year Change
-4.73%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the transportation and warehousing industry in the state of Maine. It provides key insights into the labor market and economic activity within this critical 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
The All Employees: Transportation and Utilities: Transportation and Warehousing in Maine metric tracks the total number of non-farm payroll employees in the transportation and warehousing sector for the state of Maine. This data is used by economists and policymakers to assess the overall health and growth of this industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly national sample survey of businesses and government agencies.
Historical Context
Monitoring trends in transportation and warehousing employment is important for understanding supply chain dynamics, logistics, and broader macroeconomic conditions.
Key Facts
- Transportation and warehousing is a key economic sector in Maine.
- Employment in this industry has fluctuated over the past decade.
- Trends in this metric can signal changes in supply chain and logistics activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm payroll employees in the transportation and warehousing industry in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in the transportation and warehousing sector provides insights into supply chain dynamics, logistics, and broader economic conditions in Maine.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly national sample survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health and growth of the transportation and warehousing industry, which is crucial for understanding supply chain and logistics activities.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Transportation and Warehousing in Maine (SMU23000004340008901), retrieved from FRED.