All Employees: Retail Trade: Food and Beverage Stores in Wisconsin
SMU55000004244500001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.40
Year-over-Year Change
2.32%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the retail trade sector's food and beverage stores in the state of Wisconsin. It provides insights into the strength and labor demands of this key component of Wisconsin's economy.
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: Food and Beverage Stores in Wisconsin series tracks the monthly employment levels within this specific retail industry. It is used by economists and policymakers to monitor labor market conditions, consumer spending patterns, and overall economic activity in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for assessing the health of Wisconsin's consumer-facing industries and informing economic and workforce development policies.
Key Facts
- Wisconsin has over 18,000 food and beverage retail employees.
- Retail trade accounts for 11% of Wisconsin's total nonfarm employment.
- Food and beverage stores make up about 30% of Wisconsin's retail trade jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the retail trade sector's food and beverage stores located in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and labor demands of Wisconsin's food and beverage retail industry, which is an important component of the state's economy.
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 is relevant for assessing the health of Wisconsin's consumer-facing industries and informing economic and workforce development policies in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month release lag.
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Citation
U.S. Federal Reserve, All Employees: Retail Trade: Food and Beverage Stores in Wisconsin (SMU55000004244500001A), retrieved from FRED.