Hours Worked for Information: Software Publishers (NAICS 5112) in the United States
IPUJN5112L010000000 • 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 economic trend measures the total hours worked in the software publishing industry (NAICS 5112) in the United States. It provides insights into labor utilization and productivity within a key tech 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 5112) in the United States metric tracks the total number of hours worked by employees in the software publishing industry. This data point is used by economists and policymakers to analyze workforce trends, labor productivity, and business cycle dynamics within the technology sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs analyses of employment, output, and competitiveness in the software publishing industry.
Key Facts
- Software publishing contributed over $200 billion to U.S. GDP in 2021.
- The industry employs over 1.2 million workers in the United States.
- Productivity in software publishing has grown by over 5% annually since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of hours worked by employees in the software publishing industry (NAICS 5112) in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into workforce trends, labor productivity, and business cycle dynamics within the key technology sector of software publishing.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs analyses of employment, output, and competitiveness in the software publishing industry, which is a strategically important sector for policymakers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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IPUJN511130U100000000
Hours Worked for Information: Software Publishers (NAICS 511210) in the United States
IPUJN511210L010000000
Real Sectoral Output for Information: Newspaper Publishers (NAICS 511110) in the United States
IPUJN511110T010000000
Employment for Information: Software Publishers (NAICS 511210) in the United States
IPUJN511210W200000000
Output per Worker for Information: Newspaper Publishers (NAICS 511110) in the United States
IPUJN511110W000000000
Labor Compensation for Information: Publishing Industries (Except Internet) (NAICS 511) in the United States
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Citation
U.S. Federal Reserve, Hours Worked for Information: Software Publishers (NAICS 5112) in the United States (IPUJN5112L010000000), retrieved from FRED.