All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Wisconsin
SMU55000004142300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.50
Year-over-Year Change
17.08%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the wholesale trade industry for durable goods merchants in the state of Wisconsin. It is an important indicator of economic activity and business investment 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 All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Wisconsin data series tracks the total number of people employed in the wholesale trade sector for durable goods in Wisconsin. This metric provides insight into the strength and growth of Wisconsin's wholesale trade industry, which is a key component of the state's economy.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of business establishments.
Historical Context
Policymakers and analysts use this trend to gauge the health of Wisconsin's wholesale trade sector and broader economic conditions.
Key Facts
- Wisconsin's wholesale trade industry accounts for over 100,000 jobs.
- Durable goods wholesale makes up approximately 60% of the state's wholesale trade employment.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the wholesale trade industry for durable goods merchants located in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Wisconsin's wholesale trade sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments 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 gauge the strength of Wisconsin's wholesale trade industry and make informed decisions about economic policies and investments.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag, so it provides timely but not real-time insights into the state's wholesale trade employment.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Wisconsin (SMU55000004142300001A), retrieved from FRED.