All Employees: Air Transportation in Ohio
SMU39000004348100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.60
Year-over-Year Change
27.10%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Air Transportation in Ohio' series tracks the total number of employees in the air transportation industry within the state of Ohio. This data is crucial for understanding the economic performance and labor market trends in Ohio's aviation 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
This series measures the total number of individuals employed in air transportation-related occupations and businesses across Ohio. It provides insights into the scale and health of the state's aviation industry, which is an important component of the broader transportation and logistics infrastructure.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this trend to assess the economic conditions and competitiveness of Ohio's air transportation sector.
Key Facts
- Ohio's air transportation industry employs over 20,000 workers.
- The trend has shown steady growth over the past decade.
- The sector accounts for a significant portion of the state's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in air transportation-related occupations and businesses across the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and performance of Ohio's aviation industry, which is a critical component of the state's transportation and logistics infrastructure.
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: Policymakers and industry analysts use this trend to assess the economic conditions and competitiveness of Ohio's air transportation sector, which informs decision-making and policy development.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, with a lag of several weeks. There may be occasional revisions to account for changes in survey responses or methodology.
Related Trends
Gross Domestic Product: Other Services (Except Government and Government Enterprises) (81) in Ohio
OHOTHSERVENQGSP
Personal Consumption Expenditures: Services: Food Services and Accommodations for Ohio
OHPCEFDSRVACCMD
Real Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Ohio
OHARTETRTACCFDRGSP
Continued Claims (Insured Unemployment) in Ohio
OHCCLAIMS
All Employees: Health Care: Hospitals in Ohio
SMU39000006562200001A
Transportation Carbon Dioxide Emissions, Residential for Ohio
EMISSCO2VCLACBOHA
Citation
U.S. Federal Reserve, All Employees: Air Transportation in Ohio (SMU39000004348100001A), retrieved from FRED.