Employment for Management of Companies and Enterprises (NAICS 55111) in the United States
IPUON55111W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.21
Year-over-Year Change
24.96%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the management of companies and enterprises sector (NAICS 55111) in the United States. It provides valuable insights into the labor market and economic activity in this important industry.
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 Employment for Management of Companies and Enterprises (NAICS 55111) in the United States trend tracks the number of people employed in companies that oversee and manage other companies and enterprises. This metric is closely watched by economists and policymakers as a gauge of business operations and organizational health.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to inform economic policy decisions and market analysis related to the management and administration sector.
Key Facts
- The management of companies and enterprises sector accounts for over 2 million jobs in the U.S.
- Employment in this sector has grown by 20% over the past decade.
- This industry includes corporate, subsidiary, and regional managing offices.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the management of companies and enterprises sector (NAICS 55111) in the United States. It tracks the number of people employed in companies that oversee and manage other companies and enterprises.
Q: Why is this trend relevant for users or analysts?
A: This employment trend is closely watched by economists and policymakers as a gauge of business operations and organizational health. It provides valuable insights into the labor market and economic activity in this important industry.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used to inform economic policy decisions and market analysis related to the management and administration sector.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and limitations of the Current Employment Statistics (CES) survey.
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Citation
U.S. Federal Reserve, Employment for Management of Companies and Enterprises (NAICS 55111) in the United States (IPUON55111W010000000), retrieved from FRED.