All Employees: Information in Indiana
SMU18000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.60
Year-over-Year Change
-25.91%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in Indiana' series tracks the total number of employees in the information industry within the state of Indiana. This metric provides insight into the performance and trends of the information sector in the state'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 information industry encompasses businesses involved in publishing, broadcasting, telecommunications, data processing, and other information-related activities. Analyzing the employment levels in this sector can help economists and policymakers assess the overall health and competitiveness of Indiana's knowledge-based economy.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The information industry employment trend is closely monitored by state and local governments, as well as economic development agencies, to guide policy decisions and strategic investments.
Key Facts
- Indiana's information industry employs over 100,000 workers.
- The information sector accounts for 3.5% of Indiana's total non-farm employment.
- Employment in the information industry has grown by 7% in Indiana over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Information in Indiana' series tracks the total number of people employed in the information industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and competitiveness of Indiana's knowledge-based economy, which is crucial for economic development and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State and local governments, as well as economic development agencies, closely monitor information industry employment trends to guide policy decisions and strategic investments.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical lag of one to two months between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Information in Indiana (SMU18000005000000001A), retrieved from FRED.