Indexes of Aggregate Weekly Payrolls of All Employees, Professional and Business Services
CES6000000017 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
230.80
Year-over-Year Change
4.81%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks comprehensive weekly payroll performance for professional and business services sectors. Provides critical insight into employment compensation trends across key economic segments.
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 measures aggregate wage earnings for professional and business service employees. It reflects economic health and labor market dynamics in a critical economic sector.
Methodology
Calculated through comprehensive employer payroll surveys and statistical sampling techniques.
Historical Context
Used by policymakers and economists to assess labor market strength and economic productivity.
Key Facts
- Covers professional and business service sectors
- Reflects comprehensive wage measurement
- Critical economic performance indicator
FAQs
Q: What does this payroll index measure?
A: Tracks total weekly wage earnings for professional and business service employees across multiple industries.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics with current employment statistics.
Q: Why are aggregate payroll indexes important?
A: They provide insights into economic health, labor market trends, and potential future economic performance.
Q: What industries are included in this index?
A: Encompasses professional, scientific, technical, management, and administrative service sectors.
Q: How can investors use this data?
A: Helps assess economic strength and potential investment opportunities in service-related industries.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Payrolls of All Employees, Professional and Business Services (CES6000000017), retrieved from FRED.