All Employees: Transportation and Utilities: Truck Transportation in Maryland
SMU24000004348400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.61
Year-over-Year Change
-3.17%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the truck transportation industry in the state of Maryland. It is an important indicator of transportation and logistics activity 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
The All Employees: Transportation and Utilities: Truck Transportation in Maryland series tracks the employment levels in the truck transportation sector, which includes establishments primarily engaged in the for-hire transportation of cargo using motor vehicles, such as trucks and tractor-trailers.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend provides insight into the health and performance of the transportation and logistics industry in Maryland, which is crucial for policymakers and businesses.
Key Facts
- Maryland's truck transportation industry employs over 50,000 workers.
- Truck transportation accounts for nearly 30% of Maryland's total transportation and utilities sector employment.
- Employment in Maryland's truck transportation industry has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the truck transportation industry in the state of Maryland, which includes establishments primarily engaged in the for-hire transportation of cargo using motor vehicles.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the transportation and logistics industry in Maryland, which is crucial for policymakers, businesses, and economic analysts.
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: This trend is used by policymakers and economists to monitor the state of the transportation and logistics industry in Maryland, which is crucial for the broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Truck Transportation in Maryland (SMU24000004348400001SA), retrieved from FRED.