Quarterly, Not Seasonally Adjusted
LREM64FEO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.10
Year-over-Year Change
3.62%
Date Range
1/1/2005 - 4/1/2017
Summary
This economic indicator measures the ratio of employment in the Financial Activities sector to employment in the Financial Activities and Professional and Business Services sectors on a quarterly, not seasonally adjusted basis. It provides insight into the composition of the professional services 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 Quarterly, Not Seasonally Adjusted ratio of employment in Financial Activities to total employment in Financial Activities and Professional and Business Services is used by economists to analyze trends in the professional services industry. It offers a perspective on the relative size and importance of the financial sector within the broader professional services landscape.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Historical Context
This indicator is relevant for understanding the dynamics of the professional services job market and informing economic policy decisions.
Key Facts
- Quarterly, not seasonally adjusted data.
- Measures ratio of financial to professional services employment.
- Provides insight into the professional services industry composition.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the ratio of employment in the Financial Activities sector to employment in the Financial Activities and Professional and Business Services sectors on a quarterly, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend offers insight into the composition and dynamics of the professional services industry, which is relevant for economists and policymakers analyzing labor market trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to understand the relative size and importance of the financial sector within the broader professional services industry, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LREM64FEO1Q156N), retrieved from FRED.