All Employees: Professional and Business Services: Services to Buildings and Dwellings in Delaware
SMU10000006056170001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.71
Year-over-Year Change
-2.65%
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 health and growth of 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: Professional and Business Services: Services to Buildings and Dwellings in Delaware data series tracks the monthly employment levels in this industry, which includes establishments that provide services such as janitorial, landscaping, security, and other support activities for commercial and residential properties.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, urban planners, and real estate analysts to understand the dynamics of the commercial property market and broader economic activity in Delaware.
Key Facts
- Delaware has a thriving professional and business services sector.
- The services to buildings and dwellings industry is a key component of the state's commercial real estate market.
- Employment in this sector can signal broader economic trends and investment in commercial properties.
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 health and growth of Delaware's commercial real estate and facilities management sectors, which are important indicators of broader economic activity in the state.
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: This trend is closely monitored by policymakers, urban planners, and real estate analysts to understand the dynamics of the commercial property market and broader economic activity in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to the standard update schedule and limitations of the Current Employment Statistics (CES) survey.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Services to Buildings and Dwellings in Delaware (SMU10000006056170001SA), retrieved from FRED.