Work Started: Construction: Dwellings and Residential Buildings: Total for Australia
Number, Quarterly level, Annual, Not Seasonally Adjusted
WSCNDW01AUA189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,424.00
Year-over-Year Change
4.74%
Date Range
1/1/1960 - 1/1/2022
Summary
This economic indicator measures the quarterly level of U.S. employment in the wholesale trade industry on an annual, not seasonally adjusted basis. It provides insights into the health and trends of the wholesale sector, which is a critical component of the broader 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 Wholesale Trade: Nondurable Goods: Employment indicator represents the total number of people employed in the wholesale trade of nondurable goods, such as food, apparel, and pharmaceuticals. This metric is used by economists and policymakers to analyze labor market conditions and broader economic activity in the wholesale industry.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
Trends in wholesale trade employment are closely monitored for their implications on consumer demand, supply chain dynamics, and overall economic performance.
Key Facts
- The wholesale trade sector accounts for approximately 6% of total U.S. employment.
- Wholesale trade employment has experienced modest growth in recent years.
- Nondurable goods make up around 60% of total wholesale trade employment.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the quarterly level of employment in the U.S. wholesale trade industry for nondurable goods, on an annual and not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Trends in wholesale trade employment provide insights into the health and activity of this critical sector, which has implications for consumer demand, supply chains, and broader economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Wholesale trade employment data is closely monitored by economists and policymakers to assess labor market conditions and broader economic activity in the wholesale industry.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Number, Quarterly level, Annual, Not Seasonally Adjusted (WSCNDW01AUA189N), retrieved from FRED.