All Employees: Repair and Maintenance in Mississippi
SMU28000008081100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.20
Year-over-Year Change
21.74%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the repair and maintenance industry in Mississippi. It is an important indicator of economic activity and service sector performance 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: Repair and Maintenance in Mississippi trend represents the total number of people employed in businesses that provide repair and maintenance services within the state. This metric is used by economists and policymakers to assess the health and growth of the service sector in Mississippi.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend provides insight into the repair and maintenance services industry, which is a key component of Mississippi's economy.
Key Facts
- Mississippi has a significant repair and maintenance industry.
- The number of repair and maintenance workers has been relatively stable in recent years.
- This trend can signal changes in consumer demand and business investment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the repair and maintenance industry in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the service sector in Mississippi, which is a key component 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: Policymakers and economists use this trend to assess the overall economic activity and service sector performance in Mississippi, which can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published monthly, but there may be a short delay in the release of the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Repair and Maintenance in Mississippi (SMU28000008081100001A), retrieved from FRED.