All Employees: Other Services in District of Columbia
DCSRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
68.40
Year-over-Year Change
1.63%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in District of Columbia' trend measures the total number of employees in the 'Other Services' industry sector within the District of Columbia. This data provides insights into the local job market and economic activity 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 'Other Services' industry sector includes businesses that provide personal services, religious and civic organizations, and other miscellaneous services. This employment data is a key economic indicator used by policymakers and analysts to assess the health and diversity of the District of Columbia's service-based economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the District of Columbia's economic conditions and informing policy decisions.
Key Facts
- The 'Other Services' sector accounts for over 60,000 jobs in D.C.
- Employment in this sector has grown by 15% in the past decade.
- The 'Other Services' industry is the fifth-largest employer in the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the 'Other Services' industry sector within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the health and diversity of D.C.'s service-based economy, which is crucial for policymakers and analysts.
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: This trend is used by policymakers and economists to assess the District of Columbia's economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Other Services in District of Columbia (DCSRVO), retrieved from FRED.