All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana
SMU18000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
178.40
Year-over-Year Change
4.82%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the administrative, support, waste management, and remediation services industries in Indiana. It provides insight into the state's professional and business services 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: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana metric tracks the number of individuals employed in these related industries within the state. It is a key indicator of activity and labor demand in Indiana's professional services economy.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers and economists to assess the health and direction of Indiana's business services industries.
Key Facts
- Indiana's administrative and support services employ over 200,000 workers.
- This sector accounts for 7% of total nonfarm employment in the state.
- Employment in this industry has grown by 10% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in administrative, support, waste management, and remediation services industries in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and direction of Indiana's professional and business services sector, a key component of the state's economy.
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: Policymakers and economists closely monitor this trend to assess the strength of Indiana's business services industries and inform economic policy decisions.
Q: Are there update delays or limitations?
A: This data is released monthly with a slight delay, typically 1-2 months after the reference period.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Indiana (SMU18000006056000001), retrieved from FRED.