Employment for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States
IPUUN81232W010000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.95
Year-over-Year Change
-38.94%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the U.S. drycleaning and laundry services industry, excluding coin-operated establishments. It is a key indicator of activity and labor demand in this 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): Drycleaning and Laundry Services (Except Coin-Operated)' trend tracks the number of workers employed in this specific service industry, which is part of the broader 'Other Services' category. It provides insights into the health and growth of this part of the U.S. 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 used by economists and policymakers to monitor the service sector and understand broader labor market conditions.
Key Facts
- The drycleaning and laundry services industry employs over 400,000 workers in the U.S.
- Employment in this sector has declined by around 20% since 2000.
- This industry is sensitive to economic conditions and consumer spending patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the U.S. drycleaning and laundry services industry, excluding coin-operated establishments.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of an important part of the U.S. service sector, and can be used to monitor broader labor market conditions.
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 employment trend is used by economists and policymakers to monitor the service sector and understand broader labor market conditions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Labor Statistics employment surveys.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Drycleaning and Laundry Services (Except Coin-Operated) (NAICS 81232) in the United States (IPUUN81232W010000000), retrieved from FRED.