All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Arizona
SMS04000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
244.80
Year-over-Year Change
0.08%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the total number of employees in the administrative, support, waste management, and remediation services industry in Arizona. It provides insights into the labor market and economic activity in this key services 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 All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Arizona indicator measures employment levels in a diverse set of industries, including administrative and office support, facilities management, waste collection, and environmental remediation services. This trend is an important signal of business and economic conditions in the state.
Methodology
The data is collected through surveys of private sector establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and businesses to assess the strength of Arizona's professional and business services sector.
Key Facts
- Arizona's professional and business services sector accounts for over 15% of statewide employment.
- Employment in administrative and support services has grown by 20% in Arizona over the past 5 years.
- The waste management and remediation industry employs over 25,000 workers in Arizona.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks total employment in Arizona's administrative, support, waste management, and remediation services industries, which are part of the broader professional and business services sector.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the strength and direction of a key services-producing industry in Arizona, which is important for assessing overall economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of private sector establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this employment trend to gauge the health of Arizona's professional and business services sector, which is a major driver of the state's economy.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Arizona (SMS04000006056000001), retrieved from FRED.