All Employees: Professional and Business Services: Administrative and Support Services in Indiana
SMU18000006056100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.47
Year-over-Year Change
4.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the administrative and support services sector in Indiana, which is a key component of the broader professional and business services industry.
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 Services in Indiana series tracks the number of individuals employed in administrative and support services roles within Indiana's professional and business services sector. This data provides insights into the health and trends of this important part of the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by policymakers and economists to gauge the strength of Indiana's service-providing industries.
Key Facts
- Indiana's administrative and support services sector employs over 300,000 workers.
- Employment in this sector has grown by 15% over the past 5 years.
- Administrative services make up 40% of Indiana's professional and business services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the administrative and support services sector within Indiana's professional and business services industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and trends of an important component of Indiana's service-providing economy, which is closely watched by policymakers and economists.
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 employment metric is used by policymakers and economists to gauge the strength of Indiana's service-providing industries and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential revisions of the Current Employment Statistics program.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support Services in Indiana (SMU18000006056100001SA), retrieved from FRED.