All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in District of Columbia
SMU11000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.50
Year-over-Year Change
-5.92%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the administrative and support and waste management and remediation services industry in the District of Columbia. It is an important indicator of the health and activity of the region's professional services sector.
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 All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in District of Columbia metric tracks employment levels in a crucial part of the local economy. This data provides insights into the demand for administrative, facilities, and waste management services that support businesses and organizations in the nation's capital.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the broader professional services landscape in Washington, D.C.
Key Facts
- Washington, D.C. is a major hub for professional and business services.
- The administrative and support services industry is a significant employer in the District.
- Employment trends in this sector reflect the overall health of the local economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support and waste management and remediation services industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and activity of the professional services sector in Washington, D.C., which is a crucial part of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the broader professional services landscape in Washington, D.C.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with typical release delays.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in District of Columbia (SMU11000006056000001), retrieved from FRED.