Monthly, Not Seasonally Adjusted
SMU47000003232620001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.70
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 12/1/2019
Summary
This economic trend measures the total number of employees on nonfarm payrolls in the Knoxville, TN metropolitan area on a monthly basis. It provides insight into the local labor market and economic conditions.
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 monthly, not seasonally adjusted employment data for the Knoxville, TN metro area is a key economic indicator used by policymakers, analysts, and businesses to assess the strength and direction of the regional economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched for its implications on consumer spending, business investment, and broader macroeconomic trends.
Key Facts
- Knoxville metro area has over 430,000 nonfarm employees.
- Employment levels have recovered to pre-pandemic highs.
- The region's largest industries are healthcare, retail, and manufacturing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees on nonfarm payrolls in the Knoxville, Tennessee metropolitan area on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The Knoxville employment data provides important insights into the strength of the regional labor market and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers, economists, and businesses for its implications on consumer spending, investment, and macroeconomic trends.
Q: Are there update delays or limitations?
A: The Knoxville employment data is reported on a monthly basis with a short publication delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU47000003232620001), retrieved from FRED.