All Employees: Information in Arizona
SMU04000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.50
Year-over-Year Change
18.58%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in Arizona' trend measures the total number of people employed in the information industry in the state of Arizona. This metric is a key indicator of economic activity and labor market conditions in the information 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
The information industry includes businesses involved in publishing, telecommunications, data processing, and other information-related services. Tracking employment in this sector provides insights into the strength and growth of Arizona's knowledge-based economy.
Methodology
This data is collected through the Current Employment Statistics (CES) survey by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the health and competitiveness of Arizona's information industry.
Key Facts
- Arizona's information sector accounts for over 120,000 jobs.
- Employment in Arizona's information industry has grown by 15% since 2015.
- The information sector makes up 4% of total employment in Arizona.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Information in Arizona' trend measures the total number of people employed in the information industry in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in Arizona's information sector provides insights into the strength and growth of the state's knowledge-based economy.
Q: How is this data collected or calculated?
A: This data is collected through the Current Employment Statistics (CES) survey by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and competitiveness of Arizona's information industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Information in Arizona (SMU04000005000000001A), retrieved from FRED.