All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in North Carolina
SMS37000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
326.30
Year-over-Year Change
-0.12%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of people employed in the administrative, support, and waste management services sector in North Carolina. It provides insights into the health of 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 North Carolina metric tracks employment levels in a key component of the state's service economy. This data is used by economists and policymakers to assess labor market conditions and economic growth.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for analyzing the strength of North Carolina's professional services sector and its impact on the overall state economy.
Key Facts
- North Carolina is a hub for professional and business services.
- The administrative and support services sector is a major employer in the state.
- This metric provides timely data on labor market trends in a key industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the administrative, support, and waste management services sector in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health of North Carolina's professional and business services industry, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment trend to assess labor market conditions and economic growth in North Carolina.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical release delay of 1-2 months.
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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 North Carolina (SMS37000006056000001), retrieved from FRED.