All Employees: Administrative and Support Services in Indiana
This dataset tracks all employees: administrative and support services in indiana over time.
Latest Value
160.30
Year-over-Year Change
-1.05%
Date Range
1/1/1990 - 1/1/2024
Summary
The All Employees: Administrative and Support Services in Indiana trend measures employment in the administrative and support services industry in the state of Indiana. This indicator provides insights into the health and growth of the service sector in the state's economy.
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 Services in Indiana trend tracks the number of people employed in establishments that provide a variety of day-to-day administrative and operational support services, such as office administration, facilities support, and employment services. This data is a key indicator of economic activity and labor market dynamics in the administrative and support services industry within Indiana.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to understand the performance and labor market conditions of the administrative and support services sector, which is an important component of Indiana's broader service industry.
Key Facts
- Indiana's administrative and support services sector employs over 200,000 people.
- The industry accounts for around 7% of total nonfarm employment in the state.
- Employment in this sector has grown by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Administrative and Support Services in Indiana trend measures the number of people employed in establishments that provide administrative and operational support services in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of the service sector in Indiana's economy, which is a key driver of economic activity and employment in the state.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses 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 understand the performance and labor market conditions of the administrative and support services sector, which is an important component of Indiana's broader service industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Administrative and Support Services in Indiana (SMU18000006056100001A), retrieved from FRED.