All Employees: Professional and Business Services: Services to Buildings and Dwellings in Delaware
SMU10000006056170001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.50
Year-over-Year Change
-2.78%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of Delaware. It provides insight into the labor market and economic activity in this key service 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: Services to Buildings and Dwellings in Delaware trend tracks the monthly employment levels in this industry, which includes occupations such as janitorial services, landscaping, and building maintenance. This data is used by economists and policymakers to analyze the health and trends within the Delaware service economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the state of the Delaware service economy and can inform policy decisions and market analysis.
Key Facts
- Delaware's services to buildings and dwellings industry employed over 12,000 workers as of the latest data.
- This sector accounts for approximately 3% of total nonfarm employment in Delaware.
- Employment in this industry has grown by 8% in Delaware over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the professional and business services sector, specifically in the services to buildings and dwellings industry, within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the labor market and economic activity in this key service sector, which is important for understanding the health and trends within the Delaware economy.
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: This employment trend is relevant for understanding the state of the Delaware service economy and can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with potential for slight delays in availability.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in Delaware (SMU10000006056170001), retrieved from FRED.