All Employees: Professional and Business Services: Management of Companies and Enterprises in South Carolina
SMU45000006055000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.55
Year-over-Year Change
7.15%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the management of companies and enterprises sector in South Carolina. It is an important indicator of business activity and investment in the state.
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: Management of Companies and Enterprises in South Carolina series tracks the total number of people employed in the management of companies and enterprises industry within the state. This data provides insight into the strength and growth of the professional and business services sector.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to assess the health of South Carolina's economy and business environment.
Key Facts
- This series has been tracked since 2003.
- South Carolina's management of companies sector employs over 75,000 people.
- Employment in this industry has grown by 20% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the management of companies and enterprises industry within South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of the professional and business services sector in the state, which is an important driver of economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the health of South Carolina's economy and business environment.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in South Carolina (SMU45000006055000001SA), retrieved from FRED.