All Employees: Professional and Business Services: Management of Companies and Enterprises in Idaho
SMU16000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
2.27%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks employment in the management of companies and enterprises sector within the professional and business services industry in the state of Idaho. It provides insights into the strength and growth of this specialized segment of the economy.
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 Idaho series measures the number of people employed in the management of companies and enterprises subsector of the professional and business services industry in Idaho. This data is used by economists and policymakers to assess the health and dynamics of Idaho's business services sector.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the competitive position and growth prospects of Idaho's professional and business services industry.
Key Facts
- Idaho's management of companies and enterprises sector employs over 16,000 people.
- This subsector has seen steady growth over the past decade.
- It accounts for a significant portion of Idaho's professional and business services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the management of companies and enterprises subsector within the professional and business services industry in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insights into the strength and dynamics of a key component of Idaho's professional services industry, which is an important driver of the state's economic growth.
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: Economists and policymakers use this employment data to assess the health and competitiveness of Idaho's professional services sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis, with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Idaho (SMU16000006055000001), retrieved from FRED.