Employment for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States
IPUUN811420W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.40
Year-over-Year Change
-27.61%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the reupholstery and furniture repair industry, which is a key indicator of activity in the broader services sector. It provides insights into consumer demand and business investment.
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 data for NAICS industry 811420 (Reupholstery and Furniture Repair) reflects the number of workers in this specialized service field. It is used by economists and policymakers to gauge broader trends in consumer spending, small business health, and the overall services economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This metric is relevant for understanding consumer behavior, business investment, and the state of the services industry.
Key Facts
- This industry employed over 100,000 workers as of the latest data.
- Employment in this sector has fluctuated with economic conditions.
- Reupholstery and furniture repair services are closely tied to consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the reupholstery and furniture repair industry, which is part of the broader services sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into consumer spending patterns and the health of small businesses in the services industry.
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: This employment data is used by economists and policymakers to gauge broader trends in the services sector and consumer behavior.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 811420) in the United States (IPUUN811420W200000000), retrieved from FRED.