All Employees: Wholesale Trade in Minnesota
SMU27000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134.00
Year-over-Year Change
-1.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry in the state of Minnesota. It is an important indicator of the overall health and activity of the wholesale sector in the state.
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: Wholesale Trade in Minnesota series tracks the monthly change in the total number of people employed in the wholesale trade industry across the state. This data provides insight into the scale and dynamics of wholesale commerce, which is a crucial component of Minnesota's broader economic landscape.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the performance and outlook of Minnesota's wholesale trade industry.
Key Facts
- Minnesota's wholesale trade industry employs over 110,000 people.
- Wholesale trade accounts for approximately 4% of Minnesota's total employment.
- The wholesale sector has seen steady job growth in Minnesota over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the wholesale trade industry across the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade sector is a key component of Minnesota's economy, and this trend provides insight into the scale and performance of this industry.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health and outlook of Minnesota's wholesale trade industry, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Minnesota (SMU27000004100000001), retrieved from FRED.