Employment for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 811310) in the United States
IPUUN811310W201000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.90
Year-over-Year Change
-78.57%
Date Range
1/1/1988 - 1/1/2024
Summary
This economic trend measures employment in the commercial machinery repair and maintenance industry in the United States. It provides insights into the health and activity of this specialized service sector.
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 'Employment for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 811310)' series tracks the number of people employed in the repair and maintenance of commercial and industrial machinery and equipment. This data offers a window into the performance and demand for these essential services.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists and policymakers to assess the state of the broader services sector and manufacturing support industries.
Key Facts
- The commercial machinery repair and maintenance industry employs over 300,000 workers in the U.S.
- Employment in this sector has remained relatively stable over the past decade.
- The industry supports the operations of manufacturing plants and other commercial facilities nationwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the commercial machinery repair and maintenance industry, which includes workers who service and maintain industrial, commercial, and business equipment and machinery.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the health and activity of a specialized service sector that supports the broader manufacturing and commercial industries in the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment data to assess the state of the services sector and the broader manufacturing support industries, which can inform economic and industrial policies.
Q: Are there update delays or limitations?
A: The employment data is published monthly with a typical lag of one to two months from the reference period.
Related Trends
Sectoral Output for Other Services (Except Public Administration): Hair, Nail, and Skin Care Services (NAICS 81211) in the United States
IPUUN81211T300000000
Hourly Compensation for Other Services (Except Public Administration): Linen and Uniform Supply (NAICS 81233) in the United States
IPUUN81233U120000000
Sectoral Output Price Deflator for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
IPUUN812210T051000000
Hours Worked for Other Services (Except Public Administration): Photofinishing (NAICS 81292) in the United States
IPUUN81292L010000000
Labor Productivity for Other Services (Except Public Administration): Funeral Homes and Funeral Services (NAICS 812210) in the United States
IPUUN812210L001000000
Hours Worked for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 8113) in the United States
IPUUN8113L201000000
Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Commercial Machinery Repair and Maintenance (NAICS 811310) in the United States (IPUUN811310W201000000), retrieved from FRED.