All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in the District of Columbia
SMU11000008081300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.50
Year-over-Year Change
-1.65%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in religious, grantmaking, civic, professional, and similar organizations in the District of Columbia. It provides insight into the size and dynamics of the nonprofit and non-governmental organization sector in the nation's capital.
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: Religious, Grantmaking, Civic, Professional, and Similar Organizations in the District of Columbia trend tracks the monthly employment levels in this key industry cluster. It is used to analyze the economic significance and workforce trends of the nonprofit and advocacy organization hub centered in Washington, D.C.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to understand the economic vitality of the non-profit and advocacy sectors in the District of Columbia.
Key Facts
- Washington, D.C. has the highest concentration of nonprofit organizations in the U.S.
- The nonprofit sector accounts for over 10% of total employment in the District of Columbia.
- Employment in this industry cluster has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment levels in religious, grantmaking, civic, professional, and similar nonprofit and advocacy organizations located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic significance and workforce dynamics of the large non-profit and advocacy sector centered in Washington, D.C.
Q: How is this data collected or calculated?
A: The data is collected through the monthly 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 employment trend is closely monitored by policymakers, economists, and industry analysts to understand the economic vitality of the non-profit and advocacy sectors in the nation's capital.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Religious, Grantmaking, Civic, Professional, and Similar Organizations in the District of Columbia (SMU11000008081300001A), retrieved from FRED.