Indexes of Aggregate Weekly Hours of All Employees, Other Services
CES8000000016 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.00
Year-over-Year Change
0.36%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks aggregate weekly work hours for employees in other services sectors. Provides insights into labor intensity and economic productivity.
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
Measures total weekly hours worked across various service industry segments. Indicates workforce engagement and economic activity levels.
Methodology
Calculated through comprehensive employer surveys tracking work hours.
Historical Context
Important indicator of service sector labor utilization and economic performance.
Key Facts
- Tracks total weekly work hours in services
- Indicates economic activity levels
- Measures workforce engagement
FAQs
Q: What does this index measure?
A: Total weekly work hours across various service industry sectors. Reflects labor intensity and economic productivity.
Q: Why are aggregate work hours important?
A: Provides insights into economic activity, workforce utilization, and potential economic growth.
Q: How is this data collected?
A: Through comprehensive monthly employer surveys tracking work hours across service sectors.
Q: What sectors are included?
A: Covers various service industries beyond primary and manufacturing sectors.
Q: How frequently is the data updated?
A: Typically updated monthly by government labor statistics agencies.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of All Employees, Other Services (CES8000000016), retrieved from FRED.