All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Puerto Rico
Annual, Not Seasonally Adjusted
SMU72000004244400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.90
Year-over-Year Change
26.74%
Date Range
1/1/1990 - 1/1/2024
Summary
This annual, not seasonally adjusted series measures total private employment in the Nonfarm sector of the U.S. economy. It is a key indicator of overall economic health and labor market trends.
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 Nonfarm Employment series tracks the total number of workers employed in the private sector, excluding agricultural and government jobs. It provides insight into the strength and growth of the broader U.S. economy.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Nonfarm Employment figures are closely watched by policymakers, economists, and market analysts to assess economic performance and guide decisions.
Key Facts
- Annual, not seasonally adjusted data since 1939.
- Covers over 130 million private sector workers.
- Nonfarm Employment has grown by over 50% since 1990.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people employed in the private, non-agricultural sectors of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: Nonfarm Employment is a key indicator of overall economic health and can signal broader labor market trends and the strength of the private sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Nonfarm Employment figures are closely watched by policymakers, economists, and market analysts to assess economic performance and guide decisions.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted data series has been published since 1939 with minimal delays.
Related Trends
All Employees: Wholesale Trade: Merchant Wholesalers, Durable Goods in Puerto Rico
SMU72000004142300001
All Employees: Total Nonfarm in Puerto Rico
SMS72000000000000001
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PRUR
All Employees: Transportation and Warehousing in Puerto Rico
SMU72000004340008901A
All Employees: Trade, Transportation, and Utilities in Puerto Rico
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU72000004244400001A), retrieved from FRED.