All Employees: Service-Providing in Wisconsin
SMS55000000700000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,442.20
Year-over-Year Change
0.71%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of service-providing employees in the state of Wisconsin. It is an important indicator of the overall health and composition of the state's labor market.
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: Service-Providing in Wisconsin metric tracks the monthly employment levels in service-providing industries across the state. This data series is widely used by economists, policymakers, and analysts to gauge the strength of Wisconsin's service sector and broader economic conditions.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend provides insight into consumer demand, business investment, and the broader service industry landscape in Wisconsin.
Key Facts
- Wisconsin's service sector accounts for over 80% of total state employment.
- Service-providing jobs in Wisconsin have grown by 10% over the past decade.
- The state's largest service-providing industries are trade, transportation, and utilities.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Service-Providing in Wisconsin metric tracks the total number of workers employed in service-providing industries across the state.
Q: Why is this trend relevant for users or analysts?
A: This data series provides important insights into the strength and composition of Wisconsin's labor market, which is dominated by the service sector. It is a key indicator used by economists, policymakers, and businesses to assess the state's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this service-sector employment data to inform decisions related to economic development, workforce training, and infrastructure investment in Wisconsin.
Q: Are there update delays or limitations?
A: The All Employees: Service-Providing in Wisconsin data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Service-Providing in Wisconsin (SMS55000000700000001), retrieved from FRED.