All Employees: Retail Trade: Food and Beverage Retailers in Utah
SMU49000004244500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.58
Year-over-Year Change
1.42%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Retail Trade: Food and Beverage Retailers in Utah' trend measures the total number of employees in the food and beverage retail industry within the state of Utah. This data provides insight into the economic health and labor market conditions of this key 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 series tracks the total employment figures for businesses classified under the 'Food and Beverage Stores' industry within the Utah region. It is a valuable indicator of consumer spending, business activity, and labor market trends in the state's retail trade sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely monitored by policymakers, economists, and market analysts to assess the broader economic conditions and consumer demand within Utah.
Key Facts
- Utah has the 34th largest food and beverage retail workforce in the U.S.
- Employment in this sector has grown by 12% over the past 5 years.
- Food and beverage retail accounts for over 10% of Utah's total private sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the food and beverage retail industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of a key consumer-facing sector, which is useful for assessing broader economic conditions and consumer spending patterns in Utah.
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: Policymakers, economists, and market analysts closely monitor this employment metric to gauge the overall state of Utah's economy and consumer demand.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Retailers in Utah (SMU49000004244500001SA), retrieved from FRED.