All Employees: Other Services in Indiana
SMU18000008000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137.70
Year-over-Year Change
14.85%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Other Services in Indiana' trend measures employment levels in the 'Other Services' industry sector within the state of Indiana. This metric is important for understanding the overall health and resilience of Indiana'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 'Other Services' industry sector encompasses a diverse range of businesses, including personal care services, religious organizations, and repair and maintenance services. This employment trend provides insight into the demand for these services and the broader service-based economy in Indiana.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess Indiana's economic performance and guide decision-making.
Key Facts
- Indiana's 'Other Services' sector accounts for over 3% of total state employment.
- The 'Other Services' industry is highly diverse, ranging from personal care to religious organizations.
- This trend has shown relatively stable growth in Indiana over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Indiana' trend measures employment levels in the 'Other Services' industry sector within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the demand for a diverse range of services, including personal care, religious organizations, and repair and maintenance, which are important for understanding the overall health and resilience of Indiana's economy.
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: This trend is closely monitored by policymakers, economists, and businesses to assess Indiana's economic performance and guide decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Indiana (SMU18000008000000001A), retrieved from FRED.