All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Wisconsin
SMU55000004244100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.50
Year-over-Year Change
-1.46%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the motor vehicle and parts dealers industry within the state of Wisconsin. It is a key indicator of economic activity and consumer demand in the automotive 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
The All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Wisconsin metric tracks the number of people employed in businesses that sell new and used motor vehicles, as well as parts and accessories, across the state. This data provides insight into the health and trends of Wisconsin's automotive retail industry.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the performance and outlook of Wisconsin's auto sales and service industry, which is an important component of the state's overall economy.
Key Facts
- Wisconsin has over 1,000 motor vehicle and parts dealer establishments.
- The auto retail industry employs more than 40,000 people in the state.
- Motor vehicle sales are a significant contributor to Wisconsin's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the motor vehicle and parts dealers industry within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of Wisconsin's automotive retail sector, which is an important component of the state's overall 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 metric to assess the outlook for Wisconsin's auto sales and service industry, which can inform decisions related to economic development, tax policy, and consumer demand.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically 1-2 months after the reference period, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Wisconsin (SMU55000004244100001), retrieved from FRED.