All Employees: Investigation and Security Services in Illinois
SMU17000006056160001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.10
Year-over-Year Change
15.45%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the investigation and security services industry in Illinois. It provides valuable insights into the state's labor market and the overall economic activity in the security sector.
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: Investigation and Security Services in Illinois series tracks the total number of individuals employed in companies that provide investigation, guard, and armored car services within the state. This data is used by economists and policymakers to analyze trends in the security services industry and its contribution to the local economy.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by government agencies and industry groups to understand the demand for security services and inform policy decisions.
Key Facts
- Illinois has the second-largest investigation and security services industry in the U.S.
- The industry has experienced steady growth in Illinois over the past decade.
- Security services are a critical component of the state's infrastructure and economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the investigation and security services industry in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the labor market dynamics and economic activity in the security services sector, which is an important part of Illinois' economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies and industry groups closely monitor this trend to inform policy decisions related to the security services industry and its impact on the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Related Trends
Real Gross Domestic Product: Other Transportation Equipment Manufacturing (3364-3466, 3369) in Illinois
ILOTRANEQMANRGSP
All Employees: Construction: Heavy and Civil Engineering Construction in Illinois
SMU17000002023700001SA
Average Weekly Hours of All Employees: Manufacturing in Illinois
SMU17000003000000002
Chain-Type Quantity Index for Real GDP: Durable Goods Manufacturing (321, 327-339) in Illinois
ILDURMANQQGSP
Average Weekly Earnings of Production Employees: Wholesale Trade in Illinois
SMU17000004100000030A
Estimated Percent of Related Children Age 5-17 in Families in Poverty for Illinois
PP5T17IL17000A156NCEN
Citation
U.S. Federal Reserve, All Employees: Investigation and Security Services in Illinois (SMU17000006056160001A), retrieved from FRED.