All Employees: Transportation and Warehousing in North Carolina
SMU37000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
185.30
Year-over-Year Change
70.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the transportation and warehousing industry in North Carolina. It provides important insights into the state's logistics and supply chain 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: Transportation and Warehousing in North Carolina metric tracks the monthly employment levels in this key industry, which includes businesses involved in the movement of goods, such as trucking, air transportation, and warehousing. This data is a valuable indicator of economic activity and demand for logistics services.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to assess the health of North Carolina's transportation and distribution sectors.
Key Facts
- North Carolina is a major logistics hub on the U.S. East Coast.
- Transportation and warehousing account for over 300,000 jobs in the state.
- The industry has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees working in the transportation and warehousing industry in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of North Carolina's logistics and supply chain sectors, which are crucial to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted 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 assess the performance and outlook for North Carolina's transportation and distribution industries.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in North Carolina (SMU37000004340008901A), retrieved from FRED.