All Employees: Federal Government in Washington
SMU53000009091000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.50
Year-over-Year Change
8.61%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of federal government employees based in Washington, D.C. It serves as an important indicator of public sector employment and spending in the nation's capital.
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: Federal Government in Washington data series measures the total number of federal civilian workers employed by the government in the Washington, D.C. metropolitan area. This statistic is used by economists and policymakers to analyze trends in public sector employment and the size of the federal workforce.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator provides insight into the role of the federal government as an employer in the Washington, D.C. region and its impact on the local and national economy.
Key Facts
- Washington, D.C. is home to over 350,000 federal civilian employees.
- The federal government is the largest employer in the D.C. metropolitan area.
- Federal spending in the region accounts for over a quarter of the local economy.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of federal government employees based in the Washington, D.C. metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the role of the federal government as a major employer in the nation's capital and its impact on the local and national 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: Economists and policymakers use this data to analyze trends in public sector employment and the size of the federal workforce, which can inform decisions about government spending and workforce management.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Federal Government in Washington (SMU53000009091000001A), retrieved from FRED.