All Employees: Other Services in Montana
MTSRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
-6.40%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in Montana' series measures the total number of employees in the 'Other Services' sector in the state of Montana. This metric provides insights into the health and growth of a key part of Montana'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 a diverse range of businesses such as personal care services, religious organizations, and repair and maintenance services. Tracking employment levels in this sector helps economists and policymakers understand trends in Montana's service-based industries.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of Montana employers.
Historical Context
Changes in 'Other Services' employment are monitored by state officials and analysts to assess the broader economic conditions in Montana.
Key Facts
- Montana has over 25,000 'Other Services' employees.
- This sector accounts for 5% of total employment in the state.
- Employment in 'Other Services' has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Montana' series tracks the total number of people employed in the 'Other Services' sector within the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in Montana's 'Other Services' sector provides insights into the health and growth of a diverse range of service-based businesses in the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers in Montana.
Q: How is this trend used in economic policy?
A: Changes in 'Other Services' employment are tracked by state officials and analysts to assess broader economic conditions and trends in Montana.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Montana (MTSRVO), retrieved from FRED.