Indexes of Aggregate Weekly Hours of All Employees, Professional and Business Services
CES6000000016 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
128.40
Year-over-Year Change
-0.31%
Date Range
3/1/2006 - 7/1/2025
Summary
Measures aggregate weekly work hours for professional and business services employees. Provides critical insights into workforce productivity and economic activity.
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
This index tracks total weekly hours worked in professional and business service sectors. It indicates economic productivity and labor market intensity.
Methodology
Calculated through comprehensive establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by economists to assess workforce utilization and economic performance.
Key Facts
- Indicates workforce productivity levels
- Reflects economic activity intensity
- Measures professional sector performance
FAQs
Q: What does this hours index represent?
A: Total weekly work hours for all employees in professional and business service sectors. Measures workforce engagement.
Q: Why track aggregate work hours?
A: Provides insights into economic productivity, labor market health, and business sector performance.
Q: How frequently is this data updated?
A: Monthly updates provide current workforce hour measurements.
Q: What factors influence these work hours?
A: Economic conditions, business cycles, and sector-specific productivity drive work hour variations.
Q: How do economists use this data?
A: Analyzes labor market trends, productivity levels, and economic performance indicators.
Similar CES Trends
All Employees, Administrative and Support and Waste Management and Remediation Services
CES6056000001
Average Weekly Hours of Production and Nonsupervisory Employees, Professional and Business Services
CES6000000007
Women Employees-To-All Employees Ratio: Professional and Business Services
CES6000000039
All Employees, Professional, Scientific, and Technical Services
CES6054000001
All Employees, Services to Buildings and Dwellings
CES6056170001
Average Weekly Hours of All Employees, Professional and Business Services
AWHAEPBS
Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of All Employees, Professional and Business Services (CES6000000016), retrieved from FRED.