Employment for Other Services (Except Public Administration): Membership Associations and Organizations (NAICS 813) in the United States
IPUUN813W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,909.50
Year-over-Year Change
-0.44%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator tracks employment levels in the membership associations and organizations industry (NAICS 813) within the broader 'Other Services (Except Public Administration)' sector in the United States. It is a key metric for analyzing the health and dynamics of this important service-providing industry.
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): Membership Associations and Organizations (NAICS 813)' series measures the number of individuals employed in organizations such as professional associations, labor unions, political organizations, religious organizations, and social advocacy groups in the United States. This data provides insights into the strength and trends of this diverse service industry.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Historical Context
This employment metric is closely monitored by policymakers, economists, and industry analysts to understand the economic conditions and labor market dynamics within the membership organizations sector.
Key Facts
- The membership associations and organizations industry employs over 12 million people in the U.S.
- Employment in this sector has grown by 8% over the past 5 years.
- Religious, civic, and professional organizations make up the largest share of employment in this industry.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks employment levels in the membership associations and organizations industry (NAICS 813), which includes professional associations, labor unions, political organizations, religious groups, and social advocacy groups in the United States.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides valuable insights into the strength and dynamics of the membership organizations sector, which is an important part of the broader 'Other Services' industry. It is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey.
Q: How is this trend used in economic policy?
A: This employment indicator is used by policymakers, economists, and industry analysts to understand the health and labor market conditions within the membership organizations sector, which can inform economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions of the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, Employment for Other Services (Except Public Administration): Membership Associations and Organizations (NAICS 813) in the United States (IPUUN813W200000000), retrieved from FRED.