Annual, Not Seasonally Adjusted
SMU38000004244700001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.20
Year-over-Year Change
23.81%
Date Range
1/1/1990 - 1/1/2021
Summary
This series measures the annual, not seasonally adjusted employment level in the retail trade sector in the United States. It provides insights into long-term employment trends in this key economic segment.
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 annual, not seasonally adjusted retail trade employment level tracks the total number of people employed in the retail industry over a 12-month period. This metric is used by economists and policymakers to analyze broader labor market conditions and consumer spending patterns.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Retail employment data informs economic and policy decisions related to consumer demand, inflation, and overall economic performance.
Key Facts
- Retail trade employs over 15 million workers in the U.S.
- Retail sales account for about 30% of total consumer spending.
- The retail sector is a key driver of economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual, not seasonally adjusted employment level in the retail trade sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: Retail employment data provides insights into broader labor market conditions and consumer spending patterns, which are crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Retail employment data informs economic and policy decisions related to consumer demand, inflation, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU38000004244700001A), retrieved from FRED.