All Employees: Wholesale Trade: Wholesale Trade Agents and Brokers in Minnesota
SMU27000004142500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
-3.03%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade agents and brokers industry in Minnesota. It provides insights into the state's wholesale distribution sector and economic activity.
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: Wholesale Trade Agents and Brokers in Minnesota data series tracks the total number of people employed in this specific industry within the state. It is used by economists and policymakers to monitor the health and trends of Minnesota's wholesale trade and distribution markets.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Minnesota's broader economic conditions and assessing the state's competitiveness in wholesale distribution.
Key Facts
- Minnesota has over 15,000 wholesale trade agents and brokers.
- This industry accounts for 3.2% of the state's total employment.
- Wholesale trade is a key sector driving Minnesota's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the wholesale trade agents and brokers industry within the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and performance of Minnesota's wholesale distribution sector, which is an important component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the state's wholesale trade industry and assess Minnesota's competitiveness in the broader distribution and logistics markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, typically around 2-3 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Wholesale Trade Agents and Brokers in Minnesota (SMU27000004142500001), retrieved from FRED.