All Employees: Administrative and Support and Waste Management and Remediation Services in Indiana
SMU18000006056000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.50
Year-over-Year Change
1.12%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the administrative, support, waste management, and remediation services industry in Indiana. It is a key indicator of economic activity and employment in this important service 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: Administrative and Support and Waste Management and Remediation Services in Indiana series tracks the total number of workers in this industry group across the state. It provides insight into the health and growth of this segment of the Indiana economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of Indiana's service economy.
Key Facts
- Indiana has over 250,000 workers in the administrative and waste services sector.
- This industry accounts for nearly 9% of total nonfarm employment in the state.
- Employment in this sector has grown by over 20% in Indiana since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the administrative, support, waste management, and remediation services industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and growth of a key service sector in the Indiana economy, which is closely watched by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers, economists, and industry groups to assess the strength and direction of the Indiana service economy and inform economic policies and business decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revision as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support and Waste Management and Remediation Services in Indiana (SMU18000006056000001A), retrieved from FRED.