All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in North Carolina
SMU37000004142400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.45
Year-over-Year Change
0.25%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade sector for nondurable goods merchants in the state of North Carolina. It provides insights into the labor market and economic activity in this key industry.
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, Nondurable Goods in North Carolina metric tracks monthly changes in the number of people employed in the wholesale trade of non-perishable consumer products across the state. This indicator offers timely data on the health and trends within North Carolina's wholesale distribution industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to gauge the broader economic conditions and outlook for North Carolina.
Key Facts
- North Carolina is a major hub for wholesale trade in the Southeast U.S.
- Nondurable goods make up over half of the state's wholesale sector by revenue.
- Wholesale trade employment accounts for over 4% of North Carolina's total non-farm jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade of nondurable consumer goods across the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides timely insights into the health and direction of North Carolina's wholesale distribution industry, which is a crucial part of the state's economy.
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: Economists, policymakers, and industry analysts closely monitor this employment trend to gauge broader economic conditions and the outlook for North Carolina.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in North Carolina (SMU37000004142400001SA), retrieved from FRED.