All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Colorado
SMU08000008081300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.44
Year-over-Year Change
-2.79%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of employees in Colorado's religious, grantmaking, civic, professional, and similar organizations. It provides insights into the labor market and economic activity within these 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: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Colorado metric tracks the employment levels in a diverse set of organizations that provide a wide range of services to the public. This data is used by economists and policymakers to assess the health and trends within Colorado's nonprofit and professional services industries.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the broader service-providing economy and labor market conditions in Colorado.
Key Facts
- Colorado has over 22,000 nonprofit organizations.
- The nonprofit sector accounts for over 5% of Colorado's GDP.
- Employment in Colorado's religious, grantmaking, and professional organizations has grown by 8% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in Colorado's religious, grantmaking, civic, professional, and similar organizations.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the labor market and economic activity within Colorado's nonprofit and professional services sectors, which are important contributors to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding the broader service-providing economy and labor market conditions in Colorado, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Colorado (SMU08000008081300001SA), retrieved from FRED.