Monthly
SMU72000003231500030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
304.85
Year-over-Year Change
-1.04%
Date Range
1/1/2001 - 12/1/2017
Summary
The Monthly trend measures the average total nonfarm payroll employment in the United States on a monthly basis. This data provides important insights into the overall health and direction of the U.S. 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 trend represents the total number of paid employees in the United States, excluding farm workers, private household employees, and employees of nonprofit organizations. It is a widely watched indicator of economic activity and a key input for policymakers and analysts.
Methodology
The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Monthly trend is closely monitored by the Federal Reserve, economists, and investors to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- The Monthly trend is reported by the U.S. Bureau of Labor Statistics.
- It excludes farm workers, private household employees, and nonprofit employees.
- The data is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the total number of paid employees in the United States, excluding certain sectors, providing insight into the overall health of the U.S. labor market.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend is a widely watched indicator of economic activity and a key input for policymakers and analysts to assess the strength of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and government agencies conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Monthly trend is closely monitored by the Federal Reserve, economists, and investors to inform policy decisions and assess the overall health of the U.S. economy.
Q: Are there update delays or limitations?
A: The Monthly trend data is typically released by the Bureau of Labor Statistics with a short delay and may be subject to revisions.
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Citation
U.S. Federal Reserve, Monthly (SMU72000003231500030), retrieved from FRED.