All Employees: Construction: Specialty Trade Contractors in Utah
Annual, Not Seasonally Adjusted
SMU49000002023800001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.50
Year-over-Year Change
106.26%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the retail trade sector in Hawaii. It provides insights into the overall labor market and consumer demand in the state.
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 employment data for the retail trade sector in Hawaii tracks the total number of workers employed in this industry over a 12-month period. This metric is widely used by economists and policymakers to assess the strength of the local economy and consumer spending patterns.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the health of Hawaii's consumer-driven economy and guiding policy decisions.
Key Facts
- Hawaii's retail trade sector employs over 100,000 workers.
- Retail jobs account for nearly 20% of total employment in the state.
- Employment in this sector has steadily increased over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment levels in the retail trade sector in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the overall strength of Hawaii's consumer-driven economy and can help guide policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of Hawaii's consumer sector and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
Related Trends
Real Gross Domestic Product: Ambulatory Health Care Services (621) in Utah
UTAMBHCRGSP
Number of Identified Exporters to Netherlands from Utah
UTNLDA475SCEN
Per Capita Personal Consumption Expenditures: Nondurable Goods: Clothing and Footwear for Utah
UTPCEPCCLTH
90% Confidence Interval Upper Bound of Estimate of Percent of People Under Age 5 in Poverty for Utah
PPCIUB0T4UT49000A156NCEN
State Government Tax Collections, Occupation and Business Licenses in Utah
UTBUSLICTAX
Electric Power Carbon Dioxide Emissions, Petroleum for Utah
EMISSCO2TOTVECPEUTA
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU49000002023800001A), retrieved from FRED.