Employment for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.07
Year-over-Year Change
-48.86%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the photofinishing industry, a key component of the broader 'Other Services' sector in the United States. It provides insight into the health and activity of this specialized service industry.
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 'Employment for Other Services (Except Public Administration): Photofinishing (NAICS 81292)' trend tracks the number of individuals employed in the photofinishing industry, which includes businesses that provide photographic processing, printing, and related services. This data is a useful indicator of economic conditions and consumer demand in the photography and imaging services market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
This employment trend is closely monitored by policymakers, analysts, and businesses to understand broader economic and industry trends.
Key Facts
- Photofinishing is a niche industry within the 'Other Services' sector.
- Employment in this industry has declined over the past decade due to digital photography trends.
- Seasonal fluctuations are common due to consumer demand patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the photofinishing industry (NAICS 81292) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the health and activity of the specialized photofinishing services industry, which is a useful indicator of broader economic and consumer trends in photography and imaging.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, analysts, and businesses to understand broader economic and industry conditions in the photography and imaging services market.
Q: Are there update delays or limitations?
A: There may be some reporting delays due to the survey-based data collection process, and the trend only covers the specific photofinishing industry, not the broader photography or imaging services sectors.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States (IPUUN81292W010000000), retrieved from FRED.