All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Wisconsin
SMS55000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.80
Year-over-Year Change
-0.82%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the number of all employees in the professional and business services sector, specifically in the administrative and support and waste management and remediation services industry in Wisconsin. It provides insights into the state's service-based employment.
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 Wisconsin metric represents the total number of individuals employed in these service-related industries across the state. It is an important indicator of Wisconsin's labor market and economic activity within the professional and business services sector.
Methodology
The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and businesses to understand Wisconsin's service industry labor market conditions and broader economic trends.
Key Facts
- Wisconsin has over 300,000 workers in the professional and business services sector.
- Administrative and support services account for the largest share of employment in this industry.
- Employment in this sector has grown steadily in Wisconsin over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative and support services, and waste management and remediation services industries within the professional and business services sector in Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market conditions and economic activity within Wisconsin's service-based industries, which are crucial to understanding the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Wisconsin's service-based economy and inform decisions around workforce development, business support, and economic growth strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag, and may be subject to revisions as more complete information becomes available.
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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 Wisconsin (SMS55000006056000001), retrieved from FRED.