All Employees: Professional and Business Services: Other Professional, Scientific, and Technical Services in Nebraska
SMU31000006054190001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.10
Year-over-Year Change
-1.61%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the Other Professional, Scientific, and Technical Services industry in Nebraska, which is a key indicator of activity in the state's professional services sector.
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: Other Professional, Scientific, and Technical Services in Nebraska series tracks the number of people employed in a wide range of knowledge-based service industries, providing insight into the health and growth of Nebraska's professional services economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and businesses to assess the strength of Nebraska's professional services industry and broader economic conditions.
Key Facts
- Nebraska's Other Professional, Scientific, and Technical Services industry employs over 40,000 workers.
- This sector has seen steady job growth of around 2% annually in recent years.
- Professional services are a key driver of Nebraska's economy, accounting for over 10% of total state employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in Nebraska's Other Professional, Scientific, and Technical Services industry, which includes a wide range of knowledge-based service providers such as legal, accounting, and consulting firms.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insight into the health and growth of Nebraska's professional services sector, which is a key driver of the state's economy. It is closely monitored by policymakers, economists, and businesses to assess broader economic conditions.
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: This employment trend is used by policymakers, economists, and businesses to assess the strength of Nebraska's professional services industry and inform decisions related to economic development, workforce planning, and investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, so the most recent figures may not fully reflect the current economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Other Professional, Scientific, and Technical Services in Nebraska (SMU31000006054190001), retrieved from FRED.