Hours Worked for Information: Software Publishers (NAICS 511210) in the United States
IPUJN511210L010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
169.14
Year-over-Year Change
114.80%
Date Range
1/1/1987 - 1/1/2024
Summary
This trend measures the total hours worked by employees in the software publishing industry (NAICS 511210) in the United States. It provides insights into labor market dynamics and productivity within this key technology 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
The Hours Worked for Information: Software Publishers (NAICS 511210) in the United States tracks the total number of hours worked by employees in companies that develop and publish software. This data is used by economists and policymakers to analyze labor market trends and productivity in the software publishing industry.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the Federal Reserve.
Historical Context
This trend is relevant for understanding labor market conditions and productivity in the software development and publishing industry, which is a critical component of the broader technology sector.
Key Facts
- Software publishing is a major driver of U.S. economic growth.
- Employees in this industry work an average of 40 hours per week.
- Hours worked data is used to calculate labor productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total hours worked by employees in the software publishing industry (NAICS 511210) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor market dynamics and productivity within the critical software publishing sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze labor market conditions and productivity in the software publishing industry, which informs economic and technology policy decisions.
Q: Are there update delays or limitations?
A: There may be some delay in publishing the most recent data, as it is compiled from survey responses.
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Citation
U.S. Federal Reserve, Hours Worked for Information: Software Publishers (NAICS 511210) in the United States (IPUJN511210L010000000), retrieved from FRED.