All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana
SMS18000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
175.20
Year-over-Year Change
2.46%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the administrative and support and waste management and remediation services sector in Indiana. It provides insight into the state's professional and business 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
The All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana series tracks the employment levels in this key service sector, which includes activities such as office administration, facilities support, waste collection, and remediation services.
Methodology
The data is collected through monthly surveys of U.S. businesses.
Historical Context
This trend is used by economists and policymakers to assess the health and growth of Indiana's professional services industry.
Key Facts
- Indiana's administrative and support services sector employs over 200,000 workers.
- This industry accounts for 7% of total employment in the state.
- Employment in this sector has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support and waste management and remediation services industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of Indiana's professional services industry, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the strength of Indiana's professional services sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana (SMS18000006056000001), retrieved from FRED.