All Employees: Accounting, Tax Preparation, Bookkeeping, and Payroll Services in Florida
SMU12000006054120001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.90
Year-over-Year Change
55.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the accounting, tax preparation, bookkeeping, and payroll services industry in Florida. It provides important insights into the state's professional services sector and overall economic activity.
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: Accounting, Tax Preparation, Bookkeeping, and Payroll Services in Florida trend tracks monthly changes in the employment levels for this key industry, which is a significant component of the state's professional and business services sector. This data is used by economists, policymakers, and analysts to assess economic conditions and employment trends.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is a key indicator of the health and growth of Florida's professional services industry, which plays a vital role in the state's economy.
Key Facts
- Florida's accounting and professional services industry employs over 200,000 workers.
- This sector has seen steady job growth in recent years, outpacing the state's overall employment gains.
- The industry's performance is closely watched as an indicator of Florida's economic vitality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the accounting, tax preparation, bookkeeping, and payroll services industry in the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the health and growth of Florida's professional services sector, which is a key component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and analysts to assess the overall economic conditions and employment trends in Florida's professional services industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Accounting, Tax Preparation, Bookkeeping, and Payroll Services in Florida (SMU12000006054120001A), retrieved from FRED.