All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Nebraska

SMS31000006054000001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

49.90

Year-over-Year Change

-0.60%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures the number of all employees in the professional, scientific, and technical services industry in Nebraska. It serves as an important indicator of business activity and economic conditions in the state.

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: Professional, Scientific, and Technical Services in Nebraska trend tracks the total number of workers employed in this key sector of the state's economy. It provides insight into the overall health and growth of knowledge-based industries in Nebraska.

Methodology

This data is collected through monthly surveys conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is closely monitored by policymakers, economists, and businesses to assess the performance of Nebraska's professional services industry and its broader economic implications.

Key Facts

  • Nebraska's professional services industry employs over 100,000 workers.
  • This sector has seen steady growth over the past decade.
  • Professional, scientific, and technical services account for a significant portion of the state's GDP.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees in the professional, scientific, and technical services industry in the state of Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This trend provides valuable insight into the performance and growth of a key sector of Nebraska's economy, which is crucial for assessing the state's overall economic conditions and business climate.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys conducted 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 trend to understand the health and growth of Nebraska's professional services industry, which informs economic development strategies and decision-making.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis, but there may be a slight delay in reporting compared to the reference period.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Nebraska (SMS31000006054000001), retrieved from FRED.