All Employees: Professional and Business Services: Management of Companies and Enterprises in Colorado
SMU08000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.70
Year-over-Year Change
1.46%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the management of companies and enterprises industry in Colorado. It provides valuable insights 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 Colorado series tracks the employment levels in the management of companies and enterprises industry, which includes establishments that oversee and manage other companies and enterprises. This metric is an important indicator of economic activity and business confidence in the state.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the health and growth of Colorado's professional services industry.
Key Facts
- Colorado's management of companies and enterprises industry employs over 45,000 people.
- This sector has seen steady growth over the past decade, reflecting the state's thriving professional services industry.
- The trend serves as a leading indicator of broader economic conditions in Colorado.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the management of companies and enterprises industry in Colorado, which is part of the broader professional and business services sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of Colorado's professional services industry, 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 conducted 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 performance and outlook of Colorado's professional services sector, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Colorado (SMU08000006055000001), retrieved from FRED.