All Employees: Professional and Business Services in Nebraska
NEPBSV • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.20
Year-over-Year Change
-3.01%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Professional and Business Services in Nebraska' trend measures the total number of employees in the professional and business services sector within the state of Nebraska. This data is important for economists and policymakers to understand the health and growth of the state's services-based 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 professional and business services sector encompasses a wide range of skilled occupations, including legal, accounting, engineering, and management consulting services. Tracking employment levels in this industry provides insight into broader economic conditions and business confidence in Nebraska.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Historical Context
The professional and business services employment trend is closely monitored by state and federal policymakers to assess the broader economic climate and inform policy decisions.
Key Facts
- Nebraska's professional and business services sector accounts for over 10% of the state's total employment.
- Employment in this sector has grown by 15% in Nebraska over the past 5 years.
- The COVID-19 pandemic led to a temporary decline in professional and business services jobs in Nebraska.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Professional and Business Services in Nebraska' trend measures the total number of employees working in the professional and business services sector within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Nebraska's services-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 by the U.S. Bureau of Labor Statistics through monthly surveys of employers in Nebraska.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor the professional and business services employment trend to assess broader economic conditions and inform policy decisions that impact the state's services sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services in Nebraska (NEPBSV), retrieved from FRED.