All Employees: Professional and Business Services: Computer Systems Design and Related Services in Connecticut
SMU09000006054150001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.23
Year-over-Year Change
-2.78%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of all employees in the computer systems design and related services industry in Connecticut. It provides insight into the state's professional and business services sector, which is a key indicator of economic activity.
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: Computer Systems Design and Related Services in Connecticut data series tracks the total number of workers employed in this specialized industry within the state. This metric helps economists and policymakers assess the health and growth of Connecticut's technology and professional services sectors.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in computer systems design employment are closely watched by analysts as a barometer of broader business investment and innovation.
Key Facts
- Connecticut's computer systems design industry employs over 40,000 workers.
- Employment in this sector has grown by 20% over the past decade.
- The average annual wage for computer systems design jobs in Connecticut exceeds $120,000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the computer systems design and related services industry within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: Trends in computer systems design employment are closely watched as an indicator of broader business investment, innovation, and economic activity in Connecticut.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this data to assess the health and growth of Connecticut's technology and professional services sectors, which are crucial drivers of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
Related Trends
High-Propensity Business Applications: Total for All NAICS in Connecticut
BAHBATOTALNSACT
Monthly State Retail Sales: Health and Personal Care Stores in Connecticut
MSRSCT446
State Government Tax Collections, Total Sales and Gross Receipts Taxes in Connecticut
CTSLGRTAX
All Employees: Utilities in Connecticut
SMU09000004322000001A
All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Connecticut
SMU09000004244400001SA
Chain-Type Quantity Index for Real GDP: Federal Civilian in Connecticut
CTGOVFEDCIVQGSP
Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Computer Systems Design and Related Services in Connecticut (SMU09000006054150001SA), retrieved from FRED.