All Employees: Retail Trade: Food and Beverage Retailers in South Carolina
SMU45000004244500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.03
Year-over-Year Change
2.05%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the retail trade industry for food and beverage retailers in the state of South Carolina. It provides valuable insights into the health and dynamics of this important sector of the state's economy.
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: Retail Trade: Food and Beverage Retailers in South Carolina trend represents the total employment figures for this specific retail industry in the state. Economists and policymakers analyze this data to understand consumer demand, labor market conditions, and broader economic trends affecting the food and beverage retail sector.
Methodology
This data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in food and beverage retail employment are closely watched by economists and market analysts for their implications on consumer spending, inflation, and the overall economic climate.
Key Facts
- South Carolina's food and beverage retail sector employs over 100,000 workers.
- Employment in this industry has grown by 15% over the past decade.
- The sector accounts for nearly 20% of the state's total retail trade employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the food and beverage retail industry in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding consumer demand, labor market conditions, and broader economic trends affecting the food and beverage retail sector in South Carolina.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in food and beverage retail employment are closely monitored by economists and policymakers for their implications on consumer spending, inflation, and the overall economic climate.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in South Carolina (SMU45000004244500001SA), retrieved from FRED.