All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Pennsylvania
SMU42000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
296.20
Year-over-Year Change
1.09%
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, within the state of Pennsylvania.
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
This series provides insight into the employment levels and trends in a key component of the professional and business services sector, which is an important driver of economic activity and productivity. It can be used to analyze the health and growth of this industry in Pennsylvania.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, economists, and industry analysts to gauge the strength of the Pennsylvania economy.
Key Facts
- Pennsylvania's administrative and support services industry employs over 400,000 workers.
- This sector has seen steady job growth in Pennsylvania over the past decade.
- The administrative and support services industry accounts for nearly 10% of total employment in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support and waste management and remediation services industry within the professional and business services sector in Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of a key component of Pennsylvania's service economy, which is important for understanding overall economic conditions and productivity in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to gauge the strength of the Pennsylvania economy and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, and may be subject to revisions based on additional information.
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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 Pennsylvania (SMU42000006056000001), retrieved from FRED.