Employment for Information: Satellite Telecommunications (NAICS 5174) in the United States
IPUJN5174W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.70
Year-over-Year Change
-21.62%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the satellite telecommunications industry (NAICS 5174) in the United States. It provides important insights into the health and growth of this specialized 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 satellite telecommunications employment series tracks the number of workers in establishments primarily engaged in providing satellite telecommunications services, such as satellite-based telephone, television, radio, and internet services. This metric helps analysts and policymakers understand dynamics within the broader technology and communications industries.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
Trends in satellite telecommunications employment can inform market analysis and policy decisions related to the technology and communications sectors.
Key Facts
- Satellite telecommunications is a specialized industry within the broader information sector.
- Employment in this industry can fluctuate with technological advancements and market conditions.
- The U.S. is a global leader in satellite telecommunications services and infrastructure.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the satellite telecommunications industry (NAICS 5174) in the United States, tracking the number of workers in establishments primarily engaged in providing satellite-based communication services.
Q: Why is this trend relevant for users or analysts?
A: Trends in satellite telecommunications employment provide insights into the health and growth of this specialized technology sector, which is important for understanding dynamics in the broader information and communications industries.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: Satellite telecommunications employment trends can inform market analysis and policy decisions related to the technology and communications sectors.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential limitations of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, Employment for Information: Satellite Telecommunications (NAICS 5174) in the United States (IPUJN5174W200000000), retrieved from FRED.