All Employees: Private Service Providing in Delaware
SMS10000000800000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
369.50
Year-over-Year Change
0.57%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of private service-providing employees in the state of Delaware. It serves as an important indicator of the state's overall economic activity and labor market conditions.
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: Private Service Providing in Delaware metric tracks the total employment levels across a range of private-sector service industries in the state, including trade, transportation, utilities, information, financial activities, professional and business services, education, health care, leisure, and hospitality.
Methodology
The data is collected through monthly surveys of private nonfarm establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the strength and trajectory of Delaware's service-based economy.
Key Facts
- Delaware's private service sector accounts for over 80% of total nonfarm employment.
- The state's private service-providing employment has grown by 12% over the past decade.
- The leisure and hospitality industry is the largest private service employer in Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of private sector employees in service-providing industries within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and growth of Delaware's service-based economy, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of private nonfarm establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the state's labor market conditions and assess the impact of economic policies on the private service sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
Real Gross Domestic Product: Transportation and Warehousing (48-49) in Delaware
DETRANSWARERGSP
Monthly State Retail Sales: Health and Personal Care Stores in Delaware
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90% Confidence Interval Upper Bound of Estimate of Median Household Income for Delaware
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All Employees: Government: State Government Educational Services in Delaware
SMU10000009092161101SA
Exports of Goods: Non-Manufactured Commodities for Delaware
EXPNONDE
Per Capita Personal Consumption Expenditures: Services: Housing and Utilities for Delaware
DEPCEPCHOUSUTL
Citation
U.S. Federal Reserve, All Employees: Private Service Providing in Delaware (SMS10000000800000001), retrieved from FRED.