All Employees: Professional and Business Services: Administrative and Support Services in Indiana
SMU18000006056100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
165.30
Year-over-Year Change
3.83%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the total number of employees in administrative and support services within the professional and business services sector in Indiana. It provides insight into the state's service industry 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: Professional and Business Services: Administrative and Support Services in Indiana metric measures the total employment in companies that provide a variety of day-to-day office administrative and support services. This trend is a key indicator of the health and growth of Indiana's business services industry.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and businesses to assess Indiana's economic conditions and outlook.
Key Facts
- Indiana's administrative and support services employed over 190,000 workers as of the latest data.
- This sector has seen steady growth over the past decade, adding nearly 20,000 jobs.
- Administrative and support services account for over 15% of Indiana's total professional and business services employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in administrative and support services companies within the professional and business services sector in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the health and growth of Indiana's service industry, which is a key driver of the state's overall economic activity and performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses closely monitor this administrative services employment trend to assess Indiana's economic conditions and outlook.
Q: Are there update delays or limitations?
A: The employment data is released on a monthly basis with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support Services in Indiana (SMU18000006056100001), retrieved from FRED.