All Employees: Professional and Business Services: Services to Buildings and Dwellings in North Carolina
SMU37000006056170001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.29
Year-over-Year Change
-3.76%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, in North Carolina. It provides insight into the state's commercial real estate and facilities management activities.
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: Services to Buildings and Dwellings in North Carolina metric tracks the employment levels in companies that provide services such as janitorial, landscaping, security, and other facility support functions. This data is useful for analyzing the health of the state's commercial real estate and facilities management industries.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, real estate investors, and economic analysts monitoring the performance of North Carolina's commercial property and facilities management sectors.
Key Facts
- North Carolina has the 9th largest professional and business services sector in the U.S.
- The services to buildings and dwellings industry accounts for over 10% of the state's professional and business services employment.
- Employment in this sector has grown by 15% in North Carolina over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of North Carolina's commercial real estate and facilities management industries, which are important drivers 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: This trend is relevant for policymakers, real estate investors, and economic analysts monitoring the performance of North Carolina's commercial property and facilities management sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in North Carolina (SMU37000006056170001SA), retrieved from FRED.