All Employees: Service-Providing in Iowa
SMS19000000700000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,284.30
Year-over-Year Change
-0.09%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Service-Providing in Iowa' series measures the total number of service-providing employees in the state of Iowa. This trend is a key indicator of economic activity and labor market conditions in the service sector.
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 captures the total number of employees in service-providing industries in Iowa, such as retail, hospitality, healthcare, and professional services. It is a valuable metric for understanding the state's economic performance and identifying trends in the service sector, which is a major driver of employment and economic growth.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to gauge the health of Iowa's service-providing industries and inform economic policy decisions.
Key Facts
- Iowa's service sector accounts for over 70% of the state's total employment.
- The service-providing industry includes sectors like healthcare, retail, and hospitality.
- Service-providing employment in Iowa has grown by over 10% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Service-Providing in Iowa' series measures the total number of employees in service-providing industries in the state of Iowa.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of economic activity and labor market conditions in Iowa's service sector, which is a major driver of employment and economic growth in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health of Iowa's service-providing industries and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of around one month.
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LASST190000000000005
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Citation
U.S. Federal Reserve, All Employees: Service-Providing in Iowa (SMS19000000700000001), retrieved from FRED.