Monthly, Seasonally Adjusted
SMU72000006562000008SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.30
Year-over-Year Change
0.82%
Date Range
1/1/2001 - 12/1/2013
Summary
This economic trend measures monthly, seasonally adjusted employment in the information sector, a key indicator of economic activity and productivity.
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 monthly, seasonally adjusted information sector employment series tracks the number of people employed in industries such as publishing, telecommunications, and data processing. This metric provides insight into the strength and growth of the information economy.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Information sector employment is closely watched by policymakers and economists as a barometer of technology and digital services industries.
Key Facts
- Information sector accounts for over 2.7 million U.S. jobs.
- Employment in this sector has grown by 7% in the past 5 years.
- The information industry contributes over $1.5 trillion annually to U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly, seasonally adjusted employment in the information sector, which includes industries like publishing, telecommunications, and data processing.
Q: Why is this trend relevant for users or analysts?
A: Information sector employment is a key indicator of economic activity and productivity in technology, digital services, and other knowledge-based industries.
Q: How is this data collected or calculated?
A: This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information sector employment is closely watched by policymakers and economists as a barometer of the technology and digital services industries.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU72000006562000008SA), retrieved from FRED.