Average Weekly Hours of All Employees: Other Services in District of Columbia
SMU11000008000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.20
Year-over-Year Change
-5.48%
Date Range
1/1/2007 - 7/1/2025
Summary
The 'Average Weekly Hours of All Employees: Other Services in District of Columbia' measures the average weekly hours worked by employees in the 'Other Services' industry in the District of Columbia. This metric provides insights into labor market conditions and economic activity in the Washington, D.C. region.
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 'Other Services' industry encompasses a diverse range of economic activities, including personal care services, religious organizations, and various repair and maintenance services. This data series is a key indicator of the strength and trends in the District of Columbia's service-based economy.
Methodology
The data is collected through surveys of businesses and establishments in the District of Columbia.
Historical Context
Policymakers and analysts use this metric to assess the health of the District of Columbia's labor market and service-sector economy.
Key Facts
- The 'Other Services' industry accounts for approximately 5% of total employment in the District of Columbia.
- Average weekly hours in the District of Columbia's 'Other Services' industry have remained relatively stable over the past decade.
- This data series is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by employees in the 'Other Services' industry in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market conditions and economic activity in the service-based economy of the Washington, D.C. region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the District of Columbia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of the District of Columbia's labor market and service-sector economy.
Q: Are there update delays or limitations?
A: This data series is released monthly by the U.S. Bureau of Labor Statistics with no significant update delays.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Other Services in District of Columbia (SMU11000008000000002), retrieved from FRED.