All Employees: Other Services in Mississippi
MSSRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.40
Year-over-Year Change
1.76%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in Mississippi' trend measures the number of employees in the 'Other Services' industry sector in the state of Mississippi. This data provides insight into the state's broader service-sector employment dynamics.
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 'Other Services' industry sector encompasses a diverse range of businesses, including personal services, religious organizations, and repair and maintenance services. This employment trend is a key indicator of economic activity and resilience in Mississippi's non-goods-producing segments.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the health and composition of Mississippi's service economy.
Key Facts
- Mississippi's 'Other Services' sector accounts for over 60,000 jobs.
- Employment in this sector has grown by 5% over the past 5 years.
- The 'Other Services' industry is the fifth-largest employer in Mississippi.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Mississippi' trend measures the number of people employed in the 'Other Services' industry sector within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and composition of Mississippi's service-based economy, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the strength of Mississippi's service sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month lag.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Mississippi (MSSRVO), retrieved from FRED.