All Employees: Services to Buildings and Dwellings in Delaware
SMU10000006056170001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.90
Year-over-Year Change
39.44%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the services to buildings and dwellings industry in the state of Delaware. It provides insight into the state's commercial real estate and facilities management sectors.
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: Services to Buildings and Dwellings in Delaware metric tracks the employment levels of companies that provide janitorial, landscaping, security, and other support services to commercial and residential properties in the state. This data is useful for analyzing the health and trends of Delaware's property management and facilities services industry.
Methodology
The data is collected through monthly surveys of businesses in Delaware by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts use this metric to gauge the strength of Delaware's commercial real estate and property services sectors.
Key Facts
- Delaware has over 15,000 employees in the services to buildings and dwellings industry.
- This sector accounts for over 3% of total nonfarm employment in the state.
- 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 metric tracks the total number of people employed in the services to buildings and dwellings industry in the state of Delaware. It includes workers in janitorial, landscaping, security, and other property support services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and growth of Delaware's commercial real estate and facilities management sectors, which are important contributors to the state's economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of businesses in Delaware.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to gauge the strength of Delaware's commercial real estate and property services sectors, which inform economic development and business climate policies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Services to Buildings and Dwellings in Delaware (SMU10000006056170001A), retrieved from FRED.