All Employees: Professional and Business Services: Management of Companies and Enterprises in Hawaii
SMU15000006055000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.80
Year-over-Year Change
0.04%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the management of companies and enterprises industry in Hawaii. It provides 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 Hawaii metric tracks the employment levels within the management of companies and enterprises industry in the state. This data point is used by economists and policymakers to assess the strength and growth of Hawaii's professional services economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Hawaii's economic conditions and informing policy decisions.
Key Facts
- Hawaii's management of companies industry employed over 20,000 workers as of the latest data.
- This sector accounts for approximately 3% of total nonfarm employment in the state.
- Employment in the management of companies industry in Hawaii has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the management of companies and enterprises industry in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and growth of Hawaii's professional services sector, which is an important component 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 trend is used by economists and policymakers to assess the conditions of Hawaii's professional services industry and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical government survey publication schedules and may have a lag of several months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Hawaii (SMU15000006055000001SA), retrieved from FRED.