All Employees: Retail Trade: Food and Beverage Retailers in Maryland
SMU24000004244500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.55
Year-over-Year Change
2.50%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment levels in the retail trade sector for food and beverage retailers in Maryland. It provides insight into the strength and trends of this key economic segment.
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: Food and Beverage Retailers in Maryland indicator tracks the total number of employees in this industry within the state. It is a valuable metric for analyzing the health and growth of the retail food and drink sector in Maryland.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by economists, policymakers, and industry analysts to gauge consumer demand and spending patterns.
Key Facts
- Maryland's food and beverage retail sector employs over 125,000 workers.
- Employment in this industry has grown by 8% over the past 5 years.
- The retail food and drink trade accounts for nearly 15% of total employment in Maryland.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the retail food and beverage sector within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into consumer demand, spending patterns, and the overall health of Maryland's retail trade industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to gauge consumer activity and make informed decisions about the state's economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Maryland (SMU24000004244500001SA), retrieved from FRED.