All Employees: Information: Telecommunications in Missouri

SMU29000005051700001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.30

Year-over-Year Change

-42.52%

Date Range

1/1/1990 - 1/1/2024

Summary

The 'All Employees: Information: Telecommunications in Missouri' trend measures the total number of employees in the telecommunications industry within the state of Missouri. This metric provides insight into the health and growth of the telecommunications sector, which is crucial for economic development and digital infrastructure.

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

This data series tracks the total number of people employed in the telecommunications industry in Missouri, including jobs in areas like wireless communications, wireline telecommunications, and internet service providers. It is an important economic indicator used by policymakers, industry analysts, and investors to assess the state's technology and communication sectors.

Methodology

The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Telecommunications employment data is closely monitored by state and federal policymakers to inform economic and infrastructure planning.

Key Facts

  • Missouri's telecommunications industry employed over 32,000 workers as of the latest data.
  • Telecommunications jobs in Missouri have grown by 5% over the past 5 years.
  • The telecommunications sector accounts for nearly 2% of total employment in the state.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in the telecommunications industry in the state of Missouri.

Q: Why is this trend relevant for users or analysts?

A: Telecommunications employment is an important indicator of the health and growth of Missouri's technology and digital infrastructure sectors, which are crucial for economic development.

Q: How is this data collected or calculated?

A: The data is collected through the monthly 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 industry analysts closely monitor telecommunications employment to inform economic planning, infrastructure investment, and workforce development strategies.

Q: Are there update delays or limitations?

A: The data is released with a one-month lag and may be subject to revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Information: Telecommunications in Missouri (SMU29000005051700001A), retrieved from FRED.