All Employees: Professional and Business Services: Legal Services in Utah
SMU49000006054110001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.70
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the legal services industry in Utah. It provides insights into the state's professional services sector and labor market.
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: Legal Services in Utah series tracks the total number of people employed in the legal services industry within the state. This data point is useful for analyzing trends in Utah's professional services sector and understanding the state's labor market dynamics.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for policymakers, economists, and businesses seeking to monitor the health and growth of Utah's legal services industry.
Key Facts
- Utah's legal services industry employs over 13,000 people.
- Employment in legal services has grown by 25% in Utah over the past decade.
- The legal services sector accounts for 2% of total employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the legal services industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the health and growth of Utah's professional services sector, which is an important part of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through 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 relevant for policymakers, economists, and businesses seeking to monitor the legal services industry and labor market in Utah.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Legal Services in Utah (SMU49000006054110001), retrieved from FRED.