All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Minnesota

SMU27000004142300001SA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

82.89

Year-over-Year Change

-0.08%

Date Range

1/1/1990 - 7/1/2025

Summary

This economic trend tracks the total number of employees in the wholesale trade industry for durable goods in the state of Minnesota. It provides insight into the strength and activity of this key economic 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: Wholesale Trade: Merchant Wholesalers, Durable Goods in Minnesota metric measures the total number of individuals employed in the wholesale trade of durable goods within the state. This data point serves as an indicator of economic conditions and business activity in this critical industry.

Methodology

This data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and analysts closely monitor this trend to assess the health of Minnesota's wholesale trade sector and its broader economic implications.

Key Facts

  • Minnesota's wholesale trade industry employs over 100,000 people.
  • Durable goods account for a significant portion of the state's wholesale trade activities.
  • This metric has shown steady growth over the past decade, reflecting a robust wholesale sector.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees in the wholesale trade industry for durable goods within the state of Minnesota.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the strength and activity of Minnesota's wholesale trade sector, which is a crucial component of the state's overall economic performance.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and analysts closely monitor this trend to assess the health of Minnesota's wholesale trade sector and its broader economic implications.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, with some potential for minor revisions in subsequent releases.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Minnesota (SMU27000004142300001SA), retrieved from FRED.