All Employees: Retail Trade: Motor Vehicle and Parts Dealers in North Dakota
Monthly, Not Seasonally Adjusted
SMU38000004244100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.10
Year-over-Year Change
-1.39%
Date Range
1/1/1990 - 7/1/2025
Summary
This U.S. employment trend measures the total number of employees in the wholesale trade sector on a monthly basis without seasonal adjustments. It provides important insights into broader economic conditions and labor market trends.
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 Wholesale Trade Employment measure tracks the total number of people employed in the wholesale trade industry across the United States. This data is a key indicator of economic activity and consumer demand, as changes in wholesale employment can signal shifts in business-to-business and business-to-consumer transactions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists analyze this data to assess the health of the wholesale trade sector and its potential impact on the broader economy.
Key Facts
- Wholesale trade accounts for about 5% of total U.S. employment.
- Employment in the sector has grown by over 15% since the Great Recession.
- Wholesale trade is a key link between producers and retailers in the supply chain.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the wholesale trade industry across the United States on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Changes in wholesale trade employment provide insights into broader economic conditions, consumer demand, and supply chain dynamics, making it a valuable indicator for policymakers, economists, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this data to assess the health of the wholesale trade sector and its potential impact on the broader economy, informing decisions and policies related to employment, consumer spending, and supply chain management.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month, and it does not include seasonal adjustments, which may limit some analyses.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU38000004244100001), retrieved from FRED.