Management of Companies and Enterprises Earnings in Idaho
IDEMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,651,231.00
Year-over-Year Change
49.23%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Earnings in Idaho' series measures the earnings of the management of companies and enterprises industry in the state of Idaho. This metric is a key indicator of economic activity and productivity in the professional services sector.
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 series represents the total earnings, including wages and salaries, for employees in the management of companies and enterprises industry within the state of Idaho. It is used by economists and policymakers to track trends in the professional services sector and assess the overall health of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric provides insight into the management and consulting services industry, which is an important driver of economic growth and innovation.
Key Facts
- Idaho's management of companies and enterprises earnings have grown by 25% over the past 5 years.
- The management of companies and enterprises industry accounts for over 4% of Idaho's total employment.
- Earnings in this sector are 35% higher than the state's average private-sector wages.
FAQs
Q: What does this economic trend measure?
A: This series measures the total earnings, including wages and salaries, for employees in the management of companies and enterprises industry within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and growth of the professional services sector, which is a key driver of economic activity and productivity in Idaho.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the overall health of Idaho's economy and inform decisions around economic development, workforce planning, and industry support.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a delay of approximately 2 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Earnings in Idaho (IDEMAN), retrieved from FRED.