All Employees: Other Services: Personal and Laundry Services in Indiana
SMU18000008081200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.45
Year-over-Year Change
2.47%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total employment in the personal and laundry services industry in Indiana. It provides insights into the labor market and service sector activity in 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: Other Services: Personal and Laundry Services in Indiana metric tracks the number of individuals employed in personal care, laundry, and other miscellaneous services within Indiana. This indicator offers valuable insights into the health and dynamics of the state's service economy.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to assess Indiana's economic performance and service sector conditions.
Key Facts
- Indiana's personal and laundry services industry employs over 60,000 workers.
- This sector has seen steady job growth in the state over the past decade.
- The personal services industry accounts for approximately 2% of Indiana's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the personal and laundry services industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into the health and dynamics of Indiana's service economy, which is an important component of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by economists, policymakers, and industry analysts to assess Indiana's economic conditions and service sector activity.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a slight delay in publication compared to other employment indicators.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Personal and Laundry Services in Indiana (SMU18000008081200001SA), retrieved from FRED.