All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Missouri
SMU29000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146.00
Year-over-Year Change
-0.48%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the professional and business services sector, specifically in the administrative and support and waste management and remediation services industry in Missouri. It provides important insights into the state's labor market and economic activity.
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: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Missouri trend tracks the employment levels in this key industry, which includes a wide range of support services such as office administration, facilities management, and waste disposal. This data is used by economists and policymakers to assess the strength and trends within Missouri's service-oriented economy.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists and policymakers to gauge the health of Missouri's business services sector and its impact on the broader state economy.
Key Facts
- Missouri's administrative and support services industry employs over 300,000 workers.
- This sector has seen steady growth over the past decade, reflecting the state's expanding professional services market.
- The administrative and support services industry accounts for nearly 10% of Missouri's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support services industry in Missouri, which is part of the broader professional and business services sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Missouri's business services sector, which is a significant driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the strength of Missouri's service-oriented economy and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a one-month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Missouri (SMU29000006056000001), retrieved from FRED.