All Employees: Federal Government in Indiana
SMU18000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.50
Year-over-Year Change
8.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Federal Government in Indiana' series measures the total number of federal government employees in the state of Indiana. This metric is important for economists and policymakers to understand the size and composition of the public sector workforce.
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
This economic trend provides insight into the Indiana federal government workforce, including agencies, military, and other federal civilian employees. The data can be used to analyze changes in public sector employment and the economic impact of the federal government in the state.
Methodology
The data is collected through monthly surveys of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the role of the public sector in Indiana's economy and labor market.
Key Facts
- Indiana has over 34,000 federal government employees.
- Federal government jobs account for 1.1% of total nonfarm employment in Indiana.
- Indiana's federal workforce has declined by 5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of federal government employees, including civilian and military personnel, in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and composition of the public sector workforce in Indiana, which is relevant for understanding the state's labor market and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and analysts to assess the role of the federal government in Indiana's economy and labor market.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag and may be subject to revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Indiana (SMU18000009091000001A), retrieved from FRED.