Management of Companies and Enterprises Earnings in South Dakota
SDEMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
779,575.00
Year-over-Year Change
-8.14%
Date Range
1/1/1998 - 1/1/2025
Summary
The Management of Companies and Enterprises Earnings in South Dakota measures the earnings of firms that manage other companies and enterprises within the state. This data provides insights into the economic performance of the management services industry.
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 companies and enterprises engaged in managing other businesses or enterprises in South Dakota. It serves as an indicator of the financial health and activity within the management services sector of the state's economy.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level personal income statistics.
Historical Context
Policymakers and economists use this trend to assess the strength and dynamics of the management services industry in South Dakota and its contribution to the overall state economy.
Key Facts
- South Dakota is a leader in management services earnings in the Great Plains region.
- The management services industry accounts for a significant portion of the state's GDP.
- Earnings in this sector have shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total earnings of companies and enterprises engaged in managing other businesses or enterprises within the state of South Dakota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial health and activity of the management services industry in South Dakota, which is an important contributor to the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their state-level personal income statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength and dynamics of the management services industry in South Dakota and its contribution to the overall state economy.
Q: Are there update delays or limitations?
A: The data is updated regularly by the U.S. Bureau of Economic Analysis, but there may be some delays in publication.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Earnings in South Dakota (SDEMAN), retrieved from FRED.