Management of Companies and Enterprises Earnings in Maryland
MDEMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,211,626.00
Year-over-Year Change
20.64%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Earnings in Maryland' metric tracks earnings for businesses managing other companies or enterprises within the state of Maryland. This data is important for economists and policymakers to understand the economic health and productivity of the management sector.
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
This series represents the total earnings of employees in establishments that oversee and manage other companies and enterprises located in Maryland. It provides insight into the profitability and growth of the management industry, a key component of the state's economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to gauge the performance of Maryland's managerial workforce and make informed decisions about economic development strategies.
Key Facts
- Maryland's management earnings have grown 7.2% over the past year.
- The management sector accounts for 4.1% of total earnings in Maryland.
- Earnings in the management industry are 24% higher than the state's average.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total earnings of workers employed in establishments that oversee and manage other companies and enterprises located in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: The management earnings data provides important insights into the health and productivity of a key industry in Maryland's economy, which is useful for policymakers, economists, and business analysts.
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: Policymakers and analysts use this metric to gauge the performance of Maryland's managerial workforce and make informed decisions about economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Earnings in Maryland (MDEMAN), retrieved from FRED.