All Employees: Professional and Business Services: Management of Companies and Enterprises in Arkansas
SMU05000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.70
Year-over-Year Change
4.77%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the management of companies and enterprises industry in Arkansas. It provides insight into the state's professional and business services 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 All Employees: Professional and Business Services: Management of Companies and Enterprises in Arkansas series measures the total number of employees in establishments primarily engaged in managing companies and enterprises within the state. This metric is a key indicator of activity and growth in Arkansas's professional and business services industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by policymakers, economists, and analysts to monitor the health and trajectory of Arkansas's professional services economy.
Key Facts
- Arkansas has over 25,000 employees in the management of companies and enterprises industry.
- This sector has seen steady growth of 2-3% annually in recent years.
- The management of companies industry is a key component of Arkansas's professional services economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in establishments primarily engaged in managing companies and enterprises within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Arkansas's professional and business services sector, which is an important driver 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: Policymakers, economists, and analysts use this trend to monitor the performance and trajectory of Arkansas's professional services industry, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Arkansas (SMU05000006055000001), retrieved from FRED.