All Employees: Professional and Business Services: Management, Scientific, and Technical Consulting Services in Pennsylvania
Seasonally Adjusted
SMU42000006054160001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.02
Year-over-Year Change
-1.53%
Date Range
1/1/1991 - 7/1/2025
Summary
This economic trend measures the seasonally adjusted employment level in the Trade, Transportation, and Utilities sector in California. It is a key indicator of economic activity and labor market 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 Seasonally Adjusted series adjusts raw employment data to account for regular seasonal patterns, providing a clearer picture of underlying trends. This allows policymakers and analysts to better interpret changes in the labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by state and federal policymakers to gauge the health of California's economy.
Key Facts
- California's Trade, Transportation, and Utilities sector accounts for over 18% of the state's total employment.
- Seasonal adjustment helps identify underlying economic trends by removing regular fluctuations.
- This metric is a leading indicator of overall economic conditions in California.
FAQs
Q: What does this economic trend measure?
A: This trend measures the seasonally adjusted employment level in California's Trade, Transportation, and Utilities sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of labor market conditions in a key sector of California's economy, which is crucial for policymakers and analysts.
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 trend is closely monitored by state and federal policymakers to gauge the health of California's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a lag of several weeks between the reference period and the release of the seasonally adjusted estimates.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU42000006054160001SA), retrieved from FRED.