All Employees: Other Services in Delaware
DESRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.60
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in Delaware' trend tracks the number of people employed in the 'Other Services' sector in the state of Delaware. This metric provides insight into the health and activity of a key component of Delaware's economy.
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' sector includes establishments engaged in activities such as equipment and machinery repair, personal care services, and religious and grantmaking organizations. Monitoring employment in this sector offers economists and policymakers a more granular view of Delaware's service-based economy.
Methodology
This data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in Delaware's 'Other Services' employment are watched closely by state and local officials as an indicator of economic conditions and workforce dynamics.
Key Facts
- Delaware's 'Other Services' sector accounts for over 4% of total state employment.
- Employment in this sector has grown by 8% in Delaware over the past 5 years.
- The 'Other Services' industry is the 5th largest employer in the state of Delaware.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Delaware' trend tracks the number of people employed in industries like repair services, personal care, and nonprofits within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and activity of an important service-based component of Delaware's economy, which is crucial for economists and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in Delaware's 'Other Services' employment are closely watched by state and local officials as an indicator of economic conditions and workforce dynamics.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on this sector of Delaware's economy.
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Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Delaware
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Citation
U.S. Federal Reserve, All Employees: Other Services in Delaware (DESRVO), retrieved from FRED.