Employment for Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (NAICS 5612) in the United States
IPUPN5612W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
183.40
Year-over-Year Change
42.17%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the Facilities Support Services industry, which provides a wide range of support services to buildings and facilities. It is an important indicator of activity in the administrative and waste management sectors.
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 Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (NAICS 5612) in the United States tracks the number of people employed in this critical industry. It provides insight into the health and growth of support services that enable other businesses and organizations to function effectively.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Historical Context
This trend is closely watched by economists, policymakers, and industry analysts to gauge the strength of the administrative and waste management services sector.
Key Facts
- Facilities Support Services is a key part of the administrative and waste management sector.
- This industry employs hundreds of thousands of workers in the United States.
- Employment in Facilities Support Services is an indicator of broader economic activity and growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the Facilities Support Services industry, which provides a wide range of support services to buildings and facilities.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of a critical industry that enables the operations of other businesses and organizations.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Q: How is this trend used in economic policy?
A: This trend is closely watched by economists, policymakers, and industry analysts to gauge the strength of the administrative and waste management services sector.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of government employment surveys.
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Citation
U.S. Federal Reserve, Employment for Administrative and Support and Waste Management and Remediation Services: Facilities Support Services (NAICS 5612) in the United States (IPUPN5612W200000000), retrieved from FRED.