All Employees: Information: Telecommunications in Arizona
SMU04000005051700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.00
Year-over-Year Change
-3.51%
Date Range
1/1/1990 - 7/1/2025
Summary
This data series tracks the total number of employees in the telecommunications industry in Arizona. It provides insights into the state's information and technology 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: Information: Telecommunications in Arizona indicator measures the total nonfarm employment in the telecommunications industry within the state. This metric is used by economists and policymakers to assess the health and growth of Arizona's technology and information-based economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Arizona's economic competitiveness and the role of the technology sector.
Key Facts
- Arizona has over 30,000 telecommunications employees.
- The telecommunications industry accounts for 2.5% of Arizona's total nonfarm employment.
- Employment in this sector has grown by 7% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of employees in the telecommunications industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of Arizona's information and technology-based economy, which is important for understanding the state's economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the role of the technology sector in Arizona's economy and inform decisions related to economic development and workforce planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Information: Telecommunications in Arizona (SMU04000005051700001), retrieved from FRED.