All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Utah
Annual, Not Seasonally Adjusted
SMU49000004244100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.20
Year-over-Year Change
46.51%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment level in the Portland-Vancouver-Hillsboro, OR-WA metropolitan statistical area. Understanding employment trends is crucial for economists and policymakers to assess regional 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 Annual, Not Seasonally Adjusted employment data for the Portland-Vancouver-Hillsboro, OR-WA metro area provides a high-level overview of total employment in the region. This metric is commonly used to analyze long-term employment patterns and compare regional economic performance.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this employment trend to gauge the overall health of the regional economy.
Key Facts
- The Portland-Vancouver-Hillsboro, OR-WA metro area had over 1.2 million employed persons in 2022.
- Employment in the region has grown by over 15% since the early 2010s.
- The annual, not seasonally adjusted data provides a long-term view of employment trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the Portland-Vancouver-Hillsboro, OR-WA metropolitan statistical area on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This employment data is crucial for understanding the overall health and performance of the regional economy. Economists and policymakers use it to assess long-term employment patterns and compare economic conditions across different metro areas.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this employment trend to gauge the overall health of the regional economy and inform decisions related to economic development, workforce planning, and other policy considerations.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data has a typical release lag of several months, as it relies on comprehensive surveys of the regional labor market.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU49000004244100001A), retrieved from FRED.