All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Minnesota
SMU27000008081300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.00
Year-over-Year Change
-4.41%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in religious, grantmaking, civic, professional, and similar organizations in Minnesota. It provides insights into the labor market and economic activity within this important service 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: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Minnesota series tracks monthly employment levels in this diverse industry group. It is used to analyze trends in the nonprofit and services economy and can indicate broader economic conditions in the state.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for policymakers, economists, and businesses tracking the services sector in Minnesota.
Key Facts
- Minnesota has over 28,000 religious, grantmaking, civic, and professional organizations.
- This sector employs over 210,000 workers in the state.
- Employment levels in this industry have grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in religious, grantmaking, civic, professional, and similar organizations located in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market and economic activity within an important services sector in Minnesota, which can indicate broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for policymakers, economists, and businesses tracking the services sector in Minnesota.
Q: Are there update delays or limitations?
A: The data is released monthly with typical government survey publication lags.
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Citation
U.S. Federal Reserve, All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Minnesota (SMU27000008081300001A), retrieved from FRED.