All Employees: Professional and Business Services: Management of Companies and Enterprises in Indiana
SMU18000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.00
Year-over-Year Change
1.65%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the management of companies and enterprises sector in Indiana. It provides insights into the strength and growth of this key professional services industry within the state.
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 Indiana series tracks the number of people employed in the management of companies and enterprises industry in the state of Indiana. This data is used by economists and policymakers to analyze the performance and trends within this important professional services sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the health of Indiana's professional services industry and its contribution to the overall state economy.
Key Facts
- Indiana's management of companies sector employs over 100,000 workers.
- Employment in this industry grew by 15% in the past decade.
- The management of companies sector accounts for 3% of Indiana's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the management of companies and enterprises industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the performance and growth of a key professional services sector in Indiana, which is important for understanding the state's overall economic health and competitiveness.
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: Policymakers and economists use this employment data to monitor the strength of Indiana's professional services industry and inform decisions related to economic development, workforce planning, and industry support programs.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month release lag. There may be revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Indiana (SMU18000006055000001), retrieved from FRED.