All Employees: Other Services: Personal and Laundry Services in Illinois
SMU17000008081200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.80
Year-over-Year Change
-2.29%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the personal and laundry services industry in Illinois. It provides insights into the labor market and consumer demand for these services in the state.
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: Other Services: Personal and Laundry Services in Illinois indicator tracks the number of people employed in personal care, dry cleaning, and laundry services within the state. This data is valuable for economists and policymakers to assess the health of Illinois' service sector and consumer spending patterns.
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 used to inform economic policy decisions and business strategies related to the personal services industry in Illinois.
Key Facts
- Illinois has over 160,000 personal and laundry services employees.
- This industry accounts for about 3% of total employment in the state.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in personal care, dry cleaning, and laundry services within the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health of Illinois' service sector and consumer spending patterns, which is valuable information for economists and policymakers.
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 used to inform economic policy decisions and business strategies related to the personal services industry in Illinois.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Personal and Laundry Services in Illinois (SMU17000008081200001), retrieved from FRED.