All Employees: Administrative and Support and Waste Management and Remediation Services in Montana

SMU30000006056000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

21.60

Year-over-Year Change

18.68%

Date Range

1/1/1990 - 1/1/2024

Summary

This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Montana. It provides important insights into the labor market and economic conditions 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: Administrative and Support and Waste Management and Remediation Services in Montana series tracks the total number of workers in industries that provide administrative and support services, as well as waste management and remediation services, across the state. This data is used by economists and policymakers to analyze workforce trends and economic activity.

Methodology

The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is relevant for understanding the health of Montana's service sector and the broader state economy.

Key Facts

  • Montana has over 30,000 employees in administrative and support services.
  • The waste management and remediation services industry employs around 3,000 workers in the state.
  • Employment in these sectors has remained relatively stable in recent years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in the state of Montana.

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

A: This data provides insights into the health and composition of Montana's service sector, which is an important component of the state's overall economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this data to analyze workforce trends and economic activity in Montana, which can inform decisions and policies related to the state's service sector and broader economic development.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as more information becomes available.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Administrative and Support and Waste Management and Remediation Services in Montana (SMU30000006056000001A), retrieved from FRED.