All Employees: Professional and Business Services: Management of Companies and Enterprises in Delaware
SMU10000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.50
Year-over-Year Change
-3.85%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the total number of employees in the management of companies and enterprises industry in Delaware. It provides insight into the strength and growth of the state's professional and business services 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: Professional and Business Services: Management of Companies and Enterprises in Delaware series tracks the employment levels in this specific subsector of the economy. It is used by economists and policymakers to analyze trends in the state's business services industry and assess its contribution to overall economic activity.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the health of Delaware's professional services markets and informing economic development policies.
Key Facts
- Delaware's management of companies and enterprises industry employs over 30,000 workers.
- This subsector has seen steady growth in recent years, adding 5,000 jobs since 2015.
- The management of companies industry accounts for nearly 10% of Delaware's total private sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the management of companies and enterprises industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of Delaware's professional and business services sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is relevant for understanding the health of Delaware's professional services markets and informing economic development policies in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Delaware (SMU10000006055000001), retrieved from FRED.