All Employees: Employment Services in Indiana
This dataset tracks all employees: employment services in indiana over time.
Latest Value
76.40
Year-over-Year Change
-12.98%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the Indiana services industry, providing insights into the state's labor market and economic activity.
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: Employment Services in Indiana' trend tracks the total number of people employed in the services sector in the state of Indiana. This data is used by economists and policymakers to analyze trends in the state's labor market and overall economic conditions.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of Indiana businesses.
Historical Context
This employment trend is relevant for understanding the health of Indiana's services industry and its broader economic performance.
Key Facts
- Indiana's services sector accounts for over 70% of the state's GDP.
- Employment in Indiana's services industry has grown by over 20% in the past decade.
- The employment services subsector includes industries like professional, scientific, and technical services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the services industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Indiana's services sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses in Indiana.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to understand the state of Indiana's labor market and make informed decisions about economic policies and initiatives.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a slight delay in the most recent figures due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, All Employees: Employment Services in Indiana (SMU18000006056130001A), retrieved from FRED.