All Employees: Retail Trade: Food and Beverage Retailers in Tennessee
SMU47000004244500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.00
Year-over-Year Change
2.01%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Retail Trade: Food and Beverage Retailers in Tennessee' series tracks the total number of people employed in the food and beverage retail industry across the state of Tennessee. This metric is a key indicator of economic activity and consumer demand in the retail 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 economic trend represents the total employment levels in Tennessee's food and beverage retail industry, which includes grocery stores, specialty food shops, and establishments serving alcoholic and non-alcoholic beverages. The data is used by economists and policymakers to analyze trends in consumer spending, labor market conditions, and the overall health of the state's retail economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring employment in the food and beverage retail sector provides insight into consumer behavior and can inform economic and policy decisions.
Key Facts
- Tennessee's food and beverage retail industry employs over 200,000 workers.
- Employment in this sector has grown by 10% over the past 5 years.
- The retail trade industry accounts for 10% of Tennessee's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the food and beverage retail industry across the state of Tennessee, including grocery stores, specialty food shops, and establishments serving alcoholic and non-alcoholic beverages.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in the food and beverage retail sector provides insight into consumer behavior and spending patterns, which is valuable information for economists, policymakers, and businesses operating in the retail industry.
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 can inform economic and policy decisions, as they provide insights into consumer demand, labor market conditions, and the overall health of the state's retail economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months between the reference period and the publication of the statistics.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Tennessee (SMU47000004244500001), retrieved from FRED.