All Employees: Professional and Business Services: Management of Companies and Enterprises in Hawaii
SMU15000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.70
Year-over-Year Change
-1.14%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the management of companies and enterprises sector within the professional and business services industry in Hawaii. It provides important insights into the state's economy and labor market.
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: Management of Companies and Enterprises in Hawaii indicator tracks the number of people employed in the management of companies and enterprises subsector, which is part of the broader professional and business services industry. This data helps economists and policymakers understand trends in Hawaii's business services and management sectors.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to assess the health and growth of Hawaii's professional services economy and inform policy decisions.
Key Facts
- Hawaii's management of companies and enterprises sector employed over 16,000 people as of the latest data.
- This subsector accounts for around 5% of Hawaii's total professional and business services jobs.
- Employment in this industry has grown by 20% in Hawaii over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the management of companies and enterprises subsector within Hawaii's professional and business services industry.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and growth of Hawaii's professional services economy, which is crucial for understanding the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to assess the health of Hawaii's professional services sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Hawaii (SMU15000006055000001), retrieved from FRED.