All Employees: Information in Idaho
SMU16000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.10
Year-over-Year Change
-3.19%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in Idaho' economic trend tracks the total number of employees in the information industry within the state of Idaho. This metric is important for understanding the strength and growth of Idaho's tech and digital media 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
This series measures total nonfarm employment in the information industry for the state of Idaho. The information sector includes businesses in publishing, telecommunications, data processing, and other information-related activities. Tracking employment in this sector provides insight into the economic vitality of Idaho's technology and digital economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and business leaders use this trend to gauge the health and competitiveness of Idaho's information and technology industries.
Key Facts
- Idaho's information sector employs over 33,000 workers as of the latest data.
- Employment in Idaho's information industry has grown by over 20% in the past decade.
- The information sector accounts for roughly 4% of total nonfarm employment in Idaho.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the information industry within the state of Idaho. The information sector includes businesses in publishing, telecommunications, data processing, and other information-related activities.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in Idaho's information industry provides important insights into the strength and growth of the state's tech and digital economy. This data is useful for policymakers, businesses, and economic analysts seeking to understand the competitiveness and trajectory of Idaho's technology sector.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders use this employment trend to gauge the health and competitiveness of Idaho's information and technology industries, which can inform economic development strategies and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Information in Idaho (SMU16000005000000001A), retrieved from FRED.