Monthly, Seasonally Adjusted
SMU72000001523600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.40
Year-over-Year Change
-20.34%
Date Range
1/1/2003 - 12/1/2015
Summary
This economic trend measures monthly, seasonally adjusted employment levels in the Retail Trade industry in the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area. It provides insight into the health and dynamics of the local retail labor market.
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 Monthly, Seasonally Adjusted Retail Trade Employment series tracks the number of people employed in the retail sector in the Houston metropolitan region on a monthly basis, with seasonal fluctuations removed. This data point is a key indicator of economic activity and consumer spending in the local area.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the strength of the regional economy and make informed decisions.
Key Facts
- Retail is a major employer in the Houston metro area.
- Employment in this sector fluctuates seasonally.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly, seasonally adjusted employment levels in the Retail Trade industry in the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and dynamics of the local retail labor market, which is a key indicator of economic activity and consumer spending in the Houston region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength of the regional economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical one-month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU72000001523600001SA), retrieved from FRED.