Production or Nonsupervisory Employees: Wholesale Trade in Utah
SMU49000004100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.80
Year-over-Year Change
-4.29%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the wholesale trade sector in the state of Utah. It provides insight into the health and activity of a key part of Utah'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 Production or Nonsupervisory Employees: Wholesale Trade in Utah metric tracks the number of workers in non-managerial roles within the wholesale trade industry across the state. This data point is used by economists and policymakers to gauge employment dynamics and overall business conditions in this important economic sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in wholesale trade employment can signal changes in consumer demand, business investment, and broader economic conditions within Utah.
Key Facts
- Utah's wholesale trade sector employs over 50,000 workers.
- Wholesale trade accounts for 6% of Utah's total nonfarm employment.
- Wholesale trade wages in Utah average $1,200 per week.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of production and nonsupervisory employees working in the wholesale trade industry across the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: Trends in wholesale trade employment provide insight into the overall health and activity of a key sector of Utah's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade employment data helps economists and policymakers assess consumer demand, business investment, and broader economic conditions in Utah.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Wholesale Trade in Utah (SMU49000004100000006), retrieved from FRED.