All Employees: Private Service Providing in Wisconsin
SMS55000000800000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,027.10
Year-over-Year Change
0.76%
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 Wisconsin. It is a key indicator of economic activity and labor market 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: Private Service Providing in Wisconsin metric tracks the 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, and healthcare.
Methodology
The data is collected through monthly surveys of Wisconsin businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and market analysts to assess the broader health of Wisconsin's economy.
Key Facts
- Wisconsin has over 2 million private service-providing jobs.
- Service sector employment makes up over 75% of total jobs in the state.
- Private service-providing jobs have grown 10% in Wisconsin over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in private-sector service industries within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: The private service-providing employment level is a key indicator of overall economic activity and labor market conditions in Wisconsin.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Wisconsin businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment metric to assess the health of Wisconsin's service-based economy and inform economic and workforce development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag and may be subject to minor revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Private Service Providing in Wisconsin (SMS55000000800000001), retrieved from FRED.