All Employees: Other Services in Mississippi
SMU28000008000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.60
Year-over-Year Change
3.66%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Other Services in Mississippi' trend measures employment levels in the other services sector in the state of Mississippi. This data provides insights into the state's service industry and can inform economic policymaking.
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 in Mississippi' trend tracks the number of people employed in the other services sector, which includes a diverse range of industries such as personal care services, religious organizations, and repair and maintenance services. This data helps economists and policymakers understand the overall health and trends within Mississippi's service economy.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The other services employment trend is used to monitor the state's economic performance and inform policy decisions.
Key Facts
- The other services sector accounts for around 4% of total employment in Mississippi.
- Employment in the other services sector in Mississippi has been relatively stable in recent years.
- The other services sector includes a diverse range of industries beyond traditional retail and manufacturing.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Mississippi' trend measures the number of people employed in the other services sector in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Mississippi's service economy, which is an important part of the state's overall economic landscape.
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: The other services employment trend is used by economists and policymakers to monitor the state's economic performance and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, with a slight delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Mississippi (SMU28000008000000001A), retrieved from FRED.