All Employees: Management of Companies and Enterprises in Minnesota
SMU27000006055000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.20
Year-over-Year Change
7.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the management of companies and enterprises industry in Minnesota. It provides insights into the labor market and economic activity in this key sector.
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: Management of Companies and Enterprises in Minnesota series tracks the total number of people employed in the management of companies and enterprises industry in the state of Minnesota. This data is used by economists and policymakers to analyze labor market trends and assess the overall health of Minnesota's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding the performance and outlook of Minnesota's business services industry.
Key Facts
- Minnesota's management of companies and enterprises industry employs over 100,000 workers.
- This sector has seen steady job growth in recent years, outpacing the overall state economy.
- The management of companies and enterprises industry is a key driver of Minnesota's professional services economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the management of companies and enterprises industry in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the labor market and economic activity in Minnesota's business services sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze labor market trends and assess the overall health of Minnesota's economy, particularly the performance of the business services industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Management of Companies and Enterprises in Minnesota (SMU27000006055000001A), retrieved from FRED.