All Employees: Other Services in North Carolina
NCSRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
201.20
Year-over-Year Change
2.08%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in North Carolina' metric tracks employment in the state's other services sector, which includes industries like personal care, laundry, and repair services. This data provides insight into the broader service economy and labor market conditions.
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 'All Employees: Other Services in North Carolina' series measures the total number of employees in the other services industry for the state. This data is useful for analyzing trends in the service sector, which makes up a significant portion of North Carolina's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this metric to gauge the health of North Carolina's service industry and broader economic conditions.
Key Facts
- North Carolina's other services sector accounts for over 300,000 jobs.
- The other services industry has seen steady growth in North Carolina over the past decade.
- Personal care services make up the largest subsector within other services in the state.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in North Carolina' metric tracks employment in the state's other services sector, which includes industries like personal care, laundry, and repair services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the broader service economy and labor market conditions in North Carolina, which is important for understanding 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: Policymakers and economists monitor this metric to gauge the health of North Carolina's service industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Other Services in North Carolina (NCSRVO), retrieved from FRED.