All Employees: Professional and Business Services: Services to Buildings and Dwellings in Pennsylvania
SMU42000006056170001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.10
Year-over-Year Change
1.60%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic 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 Pennsylvania. It provides insight into the state's service-based economy and employment trends.
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 Pennsylvania metric tracks the total number of individuals employed in the building and dwelling services industry, which includes companies that provide services such as janitorial, landscaping, and security. This data is used by economists and policymakers to analyze the health and composition of Pennsylvania's service-based economy.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the broader state of Pennsylvania's service sector and employment market.
Key Facts
- Pennsylvania's services to buildings and dwellings industry employs over 100,000 workers.
- The sector has seen steady job growth over the past decade.
- Building services make up a significant portion of Pennsylvania's professional and business services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and composition of Pennsylvania's service-based economy, which is important for economists and policymakers to understand.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is relevant for understanding the broader state of Pennsylvania's service sector and employment market, which informs economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release delay of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in Pennsylvania (SMU42000006056170001SA), retrieved from FRED.