All Employees: Air Transportation in North Carolina
SMU37000004348100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.70
Year-over-Year Change
61.48%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the air transportation industry in North Carolina. It provides insight into the state's aviation sector and the broader economic conditions impacting air travel and related industries.
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: Air Transportation in North Carolina series tracks the monthly employment levels in the air transportation industry across the state. This metric is used by economists and policymakers to monitor the health and performance of North Carolina's aviation and aerospace sectors.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Air transportation employment is a key indicator of economic activity and consumer/business demand for air travel services.
Key Facts
- North Carolina is home to major airlines and airports.
- Air transportation supports over 300,000 jobs in the state.
- Employment in this sector has fluctuated with economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the air transportation industry across the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Air transportation employment is an important indicator of economic activity and consumer/business demand for air travel services in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to monitor the health and performance of North Carolina's aviation and aerospace sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, All Employees: Air Transportation in North Carolina (SMU37000004348100001A), retrieved from FRED.