All Employees: Retail Trade: Grocery Stores in Mississippi
SMU28000004244510001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.30
Year-over-Year Change
-8.38%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the grocery store industry in Mississippi. It provides insight into the strength of the retail trade sector and consumer spending patterns 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: Retail Trade: Grocery Stores in Mississippi series tracks the number of people employed in grocery stores across the state. This data is used by economists and policymakers to analyze trends in consumer spending, the health of the retail industry, and broader economic conditions in Mississippi.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Tracking grocery store employment is valuable for understanding the economic climate and consumer behavior in Mississippi.
Key Facts
- Mississippi has over 900 grocery stores.
- Grocery stores account for over 30,000 jobs in the state.
- Grocery store employment has grown by 5% in the last 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in grocery stores across the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: Tracking grocery store employment provides insight into consumer spending patterns and the overall health of the retail sector in Mississippi.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the economic climate and consumer behavior in Mississippi, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Grocery Stores in Mississippi (SMU28000004244510001A), retrieved from FRED.