All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Connecticut
SMU09000008081300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.20
Year-over-Year Change
-3.09%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in religious, grantmaking, civic, professional, and similar organizations in the state of Connecticut. It provides insight into the labor market and economic activity within this 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: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Connecticut data series tracks the monthly employment levels for this industry group in the state. This information is useful for analyzing trends in the non-profit and professional services sectors and their contributions to the overall Connecticut economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to monitor economic conditions and employment patterns in Connecticut's non-profit and professional services industries.
Key Facts
- Connecticut has over 33,000 employees in the religious, grantmaking, civic, and professional services industries.
- Employment in this sector has grown by 8% over the past 5 years.
- The non-profit and professional services industries account for over 7% of total employment in Connecticut.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in religious, grantmaking, civic, professional, and similar organizations located in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the employment levels and economic activity within Connecticut's non-profit and professional services sectors, which are important contributors to the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor employment patterns and economic conditions in Connecticut's non-profit and professional services industries, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Connecticut (SMU09000008081300001A), retrieved from FRED.