All Employees: Education and Health Services: Private Educational Services in Maryland
SMU24000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.40
Year-over-Year Change
-1.39%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the private educational services industry in Maryland. It provides insight into the state's private education sector and can inform policy decisions related to education, workforce, and economic development.
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: Education and Health Services: Private Educational Services in Maryland series tracks the total number of people employed in the private educational services industry in the state of Maryland. This data point is used by economists, policymakers, and businesses to analyze trends in the local education sector and its contribution to the overall state economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of private-sector establishments.
Historical Context
This trend is relevant for understanding the health and growth of Maryland's private education industry, which can inform policy decisions and strategic planning for the state.
Key Facts
- Maryland's private education sector employs over 100,000 people.
- The industry has seen steady growth over the past decade.
- Private educational services make up a significant portion of the state's overall economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the private educational services industry in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and growth of Maryland's private education sector, which is an important part of the state's economy and can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of private-sector establishments.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and businesses to analyze the private education industry in Maryland and its contribution to the state's overall economic development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in publication due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Education and Health Services: Private Educational Services in Maryland (SMU24000006561000001), retrieved from FRED.