All Employees: Wholesale Trade in Puerto Rico
Annual
SMU72000004100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.60
Year-over-Year Change
6.67%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the total annual employment level for all industries in the United States. This metric is a key indicator of the overall health and direction of the U.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 Annual trend represents the total number of filled jobs across all sectors of the U.S. economy on an annual basis. It is a widely-watched indicator used by economists, policymakers, and analysts to assess broad employment conditions and economic growth.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a crucial input for Federal Reserve monetary policy decisions and economic forecasting.
Key Facts
- Annual U.S. employment reached a record high of 149.9 million jobs in 2019.
- Employment levels dropped sharply in 2020 due to the COVID-19 pandemic.
- The U.S. economy has added over 12 million jobs since the 2020 employment trough.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of filled jobs across all industries in the United States on a yearly basis.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment level is a key indicator of overall economic health and growth, making it highly relevant for policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment level is a crucial input for Federal Reserve monetary policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The Annual employment data is subject to periodic revisions and may have a several month delay in reporting.
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Citation
U.S. Federal Reserve, Annual (SMU72000004100000001A), retrieved from FRED.