All Employees: Couriers and Messengers in Utah
SMU49000004349200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.10
Year-over-Year Change
254.90%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Couriers and Messengers in Utah' economic trend measures the total number of employees in the courier and messenger industry within the state of Utah. This data point is important for economists and policymakers to understand employment dynamics in the logistics and transportation 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 data series tracks the total number of individuals employed in courier and messenger services, a component of the transportation and warehousing industry, specifically within the state of Utah. It provides insight into the labor market and economic activity in this service-oriented sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is useful for analyzing the health and trends of Utah's logistics and delivery infrastructure, which can inform economic and transportation policy decisions.
Key Facts
- Utah has over 10,000 courier and messenger employees.
- Employment in this sector has grown by 20% over the past 5 years.
- Courier and messenger jobs make up about 0.7% of Utah's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the courier and messenger services industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the logistics and transportation sector in Utah, which is important for understanding economic activity and informing policy decisions.
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: This trend can inform transportation and infrastructure policies, as well as analysis of the state's overall economic health and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, All Employees: Couriers and Messengers in Utah (SMU49000004349200001A), retrieved from FRED.