All Employees: Professional and Business Services: Services to Buildings and Dwellings in Colorado
SMU08000006056170001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.50
Year-over-Year Change
-1.34%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of professional and business services employees in the services to buildings and dwellings industry in Colorado. It provides insight into the state's commercial real estate and facilities management sectors.
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: Services to Buildings and Dwellings in Colorado series tracks the employment levels in companies that provide services such as janitorial, landscaping, security, and other facility support functions. This data is used by economists and policymakers to gauge the health of the state's commercial real estate and facilities management industries.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is monitored by real estate investors, facility management firms, and state economic development agencies.
Key Facts
- Colorado has over 60,000 professional and business services employees in building and dwelling services.
- Employment in this sector has grown by 15% in the past 5 years.
- The services to buildings and dwellings industry accounts for 10% of Colorado's total professional services jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in companies that provide services to commercial and residential buildings and properties in Colorado, such as janitorial, landscaping, and security services.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the health and activity of Colorado's commercial real estate and facilities management sectors, which are important drivers 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: This employment trend is monitored by real estate investors, facility management firms, and state economic development agencies to assess commercial activity and make investment decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in Colorado (SMU08000006056170001), retrieved from FRED.