Hours Worked for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292L200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.72
Year-over-Year Change
-52.93%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator measures the number of hours worked in the photofinishing industry, a key component of the broader other services sector in the United States. It provides insights into the productivity and labor trends within this specialized service segment.
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 Hours Worked for Other Services (Except Public Administration): Photofinishing (NAICS 81292) series tracks the total number of hours worked by employees in the photofinishing industry. This metric offers a window into the operational activity and labor utilization within this niche service area, which can be useful for economic analysts and policymakers.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is commonly used to assess the health and dynamics of the broader other services sector, which encompasses a range of specialized activities beyond traditional public administration.
Key Facts
- The photofinishing industry is a specialized segment within the broader other services sector.
- Hours worked data can provide insights into labor utilization and operational activity.
- The other services sector encompasses a range of specialized activities beyond public administration.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of hours worked by employees in the photofinishing industry, which is a specialized segment within the broader other services sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend offers insights into the productivity and labor utilization within the photofinishing industry, which can be useful for economic analysts and policymakers examining the dynamics of the broader other services sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is commonly used to assess the health and operational activity of the other services sector, which encompasses a range of specialized activities beyond traditional public administration.
Q: Are there update delays or limitations?
A: The data is subject to the update schedule and methodological limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, Hours Worked for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States (IPUUN81292L200000000), retrieved from FRED.