Employment for Other Services (Except Public Administration): Repair and Maintenance (NAICS 811) in the United States
IPUUN811W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,837.00
Year-over-Year Change
13.21%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the repair and maintenance industry (NAICS 811) in the United States. It provides insights into the labor market for services outside of public administration, a key sector of the economy.
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 Other Services (Except Public Administration): Repair and Maintenance (NAICS 811)' trend tracks the number of people employed in industries like automotive repair, electronic equipment repair, and commercial and industrial machinery repair. This data offers valuable insights into the health and dynamics of the service economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists and policymakers to assess the strength of the services sector and overall economic conditions.
Key Facts
- The repair and maintenance industry employs over 1.3 million people in the U.S.
- Employment in this sector has grown by 7% over the past 5 years.
- The industry accounts for about 1% of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the repair and maintenance industry (NAICS 811) in the United States, which includes businesses that provide services like automotive repair, electronic equipment repair, and commercial and industrial machinery repair.
Q: Why is this trend relevant for users or analysts?
A: This employment trend offers valuable insights into the health and dynamics of the broader services sector, which is a critical part of the U.S. economy. It helps economists and policymakers assess overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by economists and policymakers to gauge the strength of the services sector and inform decisions related to economic policy and stimulus measures.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
Related Trends
Sectoral Output Price Deflator for Other Services (Except Public Administration): Automotive Repair and Maintenance (NAICS 8111) in the United States
IPUUN8111T050000000
Real Sectoral Output for Other Services (Except Public Administration): Automotive Repair and Maintenance (NAICS 8111) in the United States
IPUUN8111T011000000
Output per Worker for Other Services (Except Public Administration): Reupholstery and Furniture Repair (NAICS 81142) in the United States
IPUUN81142W001000000
Hours Worked for Other Services (Except Public Administration): Professional and Similar Organizations (NAICS 8139) in the United States
IPUUN8139L010000000
Employment for Other Services (Except Public Administration): Social Advocacy Organizations (NAICS 81331) in the United States
IPUUN81331W010000000
Employment for Other Services (Except Public Administration): Private Households (NAICS 81411) in the United States
IPUUN81411W010000000
Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Repair and Maintenance (NAICS 811) in the United States (IPUUN811W200000000), retrieved from FRED.