All Employees: Professional and Business Services: Management of Companies and Enterprises in Massachusetts
SMU25000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.20
Year-over-Year Change
0.66%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the management of companies and enterprises sector in Massachusetts. It is an important indicator of business activity and economic conditions 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: Professional and Business Services: Management of Companies and Enterprises in Massachusetts metric tracks the number of people employed in the management of companies and enterprises industry within the professional and business services sector in the state. This provides insight into the strength of the management consulting, corporate, and enterprise management job market.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and businesses to gauge the health of the professional and business services industry in Massachusetts.
Key Facts
- Massachusetts is a major hub for the management consulting and enterprise management industry.
- Employment in this sector has grown steadily over the past decade.
- The trend reflects broader economic conditions and business confidence in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the management of companies and enterprises sector within the professional and business services industry in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the management consulting, corporate, and enterprise management job market in Massachusetts, which is an important indicator of overall business activity and economic conditions in the state.
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: This trend is closely watched by policymakers, economists, and businesses to gauge the health of the professional and business services industry in Massachusetts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Massachusetts (SMU25000006055000001), retrieved from FRED.