All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Mississippi
SMS28000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.50
Year-over-Year Change
1.68%
Date Range
1/1/1991 - 6/1/2025
Summary
This economic trend measures the number of employees in the professional and business services sector, specifically in the administrative and support and waste management and remediation services industry in Mississippi. It provides insight into the health and activity of this important segment of the state's 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 All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Mississippi series tracks the total number of employees in this industry within the state. It is used by economists and policymakers to analyze trends in employment, labor market conditions, and the broader economic landscape in Mississippi.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies, businesses, and researchers to understand the dynamics of Mississippi's professional services industry and its contribution to the state's overall economic performance.
Key Facts
- Mississippi's professional and business services sector employs over 150,000 workers.
- The administrative and support and waste management and remediation services industry accounts for approximately 30% of the state's professional services jobs.
- Employment in this sector has grown by 8% in Mississippi 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 within the professional and business services sector in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of a key segment of Mississippi's economy, which can inform economic policies, investment decisions, and strategic planning.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, businesses, and researchers use this trend to monitor the dynamics of Mississippi's professional services industry and its contribution to the state's overall economic performance, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical lag of one to two months between the reference period and the release date.
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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 Mississippi (SMS28000006056000001), retrieved from FRED.