All Employees: Computer Systems Design and Related Services in Utah
SMU49000006054150001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.20
Year-over-Year Change
101.14%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the computer systems design and related services industry in the state of Utah. It provides valuable insights into the labor market dynamics of this important technology sector.
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: Computer Systems Design and Related Services in Utah series tracks the total employment levels in this specialized industry within the state. This data is widely used by economists, policymakers, and industry analysts to assess the health and growth of Utah's technology economy.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched as an indicator of Utah's competitiveness in attracting and retaining high-skilled technology jobs.
Key Facts
- Utah is home to a thriving technology industry cluster.
- Computer systems design is a key part of Utah's innovation economy.
- Employment in this sector has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the computer systems design and related services industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the strength and growth of Utah's technology sector, which is a crucial part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers, economists, and industry leaders as an indicator of Utah's competitiveness in attracting and retaining high-skilled technology jobs.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Computer Systems Design and Related Services in Utah (SMU49000006054150001A), retrieved from FRED.