All Employees: Retail Trade in Mississippi
SMU28000004200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.80
Year-over-Year Change
2.53%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator tracks the total number of people employed in the retail trade industry in the state of Mississippi. It provides insights into the strength and resilience of the state's consumer-driven 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: Retail Trade in Mississippi metric measures the total employment levels in the retail trade industry across the state. This data point is closely watched by economists and policymakers to assess the health of Mississippi's consumer economy and its capacity for growth.
Methodology
The data is collected through surveys of businesses and establishments in the retail trade sector across Mississippi.
Historical Context
Trends in retail employment can inform decisions around economic development, consumer spending, and workforce planning in Mississippi.
Key Facts
- Mississippi's retail sector employs over 200,000 workers.
- Retail trade accounts for 15% of total employment in the state.
- Retail jobs in Mississippi pay an average hourly wage of $13.50.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of people employed in the retail trade industry across the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: Retail employment is a key barometer of consumer demand and economic health in Mississippi, making this data point crucial for analysts and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the retail trade sector across Mississippi.
Q: How is this trend used in economic policy?
A: Trends in retail employment can inform decisions around economic development, consumer spending, and workforce planning in Mississippi.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month lag and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade in Mississippi (SMU28000004200000001), retrieved from FRED.